44-3 REDEMPTION, SATISFACTION, MARSHALING AND MERGER OF LIENS
REDEMPTION, SATISFACTION, MARSHALING AND MERGER OF LIENS
Marshaling securities among lien holders--Lien upon several things--Subordinate interest
of others in some of the things--Classes of property to which resort may be had.
Marshaling securities among lien holders--Several things within the same class and subject
to same number of liens--Property to which resort may be had.
Redemption from lien--Manner of making--Performance of condition--Payment of
damages for delay.
Right to redeem from lien--Time for redemption.
Inferior lien holder--Right to redeem.
Subrogation of inferior lien holder.
Satisfaction of prior lien by special lien holder--Enforcement of repayment of amount.
Satisfaction of lien--Execution of discharge or release by holder--Damages for failure to
execute and deliver satisfaction--Attorney fees--Additional penalty.