Terms Used In Indiana Code 26-1-8.1-209

  • Lien: A claim against real or personal property in satisfaction of a debt.
   Sec. 209. A lien in favor of an issuer upon a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.

As added by P.L.247-1995, SEC.10.