California Commercial Code 9606 – For purposes of this chapter, a default occurs in connection with an …
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For purposes of this chapter, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.
(Added by Stats. 1999, Ch. 991, Sec. 35. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991 and Section 9701.)
Terms Used In California Commercial Code 9606
- Lien: A claim against real or personal property in satisfaction of a debt.
- Statute: A law passed by a legislature.