Current through the 2024 Fourth Special Session
Section 38-3-2 - Preference of lessor's lien over other liens and claims - Exceptions - Limit(1) A lien under this chapter has preference over all other liens or claims except: (b) preconstruction or construction liens under Title 38, Chapter 1a, Preconstruction and Construction Liens;(c) perfected security interests; and(d) claims of employees for wages which are preferred by law.(2) If a lessee is adjudicated as bankrupt or makes an assignment for the benefit of creditors, or if the lessee's property is put into the possession of a receiver, a lien under this chapter is limited to the rent for 90 days before the adjudication, assignment, or receivership. Amended by Chapter 278, 2012 General Session ,§ 59, eff. 5/8/2012.Amended by Chapter 272, 1977 General Session