The lien claimant shall provide written notice to secured creditors at least 30 days prior to enforcing the claim of lien. For purposes of this section, “secured creditors” means any entity named as a secured party in the financing statement filed with regard to the debtor and which covers returned equipment.
(Added by Stats. 1992, Ch. 1271, Sec. 1. Effective January 1, 1993.)
Last modified: October 25, 2018