North Dakota § 35-32-02 Possession of aircraft

North Dakota Statutes

§ 35-32-02 — Possession of aircraft

North Dakota·Title 35 Liens·Ch. 35-32 Aircraft Repair and Maintenance Lien

1.A holder of a lien under this chapter may retain possession of the aircraft subject to the lien until the amount due is paid.

2.Except as provided in subsection 3, if the holder of a lien under this chapter relinquishes possession of the aircraft before the amount due is paid, that person may retake possession of the aircraft as provided by section 41-09-106.

3.The holder of a lien under this chapter may not retake possession of the aircraft from a bona fide purchaser for value who, before the date the lien is recorded under section 35-32-03, purchases the aircraft without knowledge of the lien.

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1. A holder of a lien under this chapter may retain possession of the aircraft subject to the
lien until the amount due is paid.
2. Except as provided in subsection 3, if the holder of a lien under this chapter
relinquishes possession of the aircraft before the amount due is paid, that person may
retake possession of the aircraft as provided by section 41-09-106.
3. The holder of a lien under this chapter may not retake possession of the aircraft from a
bona fide purchaser for value who, before the date the lien is recorded under section
35-32-03, purchases the aircraft without knowledge of the lien.

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