California · Harbors and Navigation Code - HNC

HNC §462: Of two or more bottomry liens on the same subject, the latter in date has preference, if created out of necessity.

What this law says, in plain English

When multiple bottomry liens exist on the same property, a later-created lien takes priority if it was made out of necessity.

Read the full statutory text

Of two or more bottomry liens on the same subject, the latter in date has preference, if created out of necessity.

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