Minnesota Statutes > Chapter 514 > NONPOSSESSORY AIRCRAFT MECHANICS’ LIEN


§ 514.221	Creation; Perfection; Enforceability

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Terms Used In Minnesota Statutes > Chapter 514 > NONPOSSESSORY AIRCRAFT MECHANICS' LIEN

Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
verified: when used in reference to writings, means supported by oath or affirmation. See Minnesota Statutes 645.45