(a) A lien created pursuant to this chapter is assignable or transferable by the holder of the lien, with full rights of enforcement.

(b) The lienholder shall file a statement of assignment or transfer with the office of the Secretary of State in the same manner that a statement is filed pursuant to § 9514 of the Commercial Code.

Terms Used In California Business and Professions Code 22921

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21

(Amended by Stats. 1999, Ch. 991, Sec. 1.6. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991.)