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Revised Statues - Chapter 52 Liens


52-203: Lien; effect; priority; foreclosure; limitation; fee.
Such lien shall be in force from and after the date it is filed as aforesaid, and shall be prior and paramount to all other liens upon such property except those previously filed in such office, and shall be treated in all respects as a secured transaction as provided in article 9, Uniform Commercial Code, and may be foreclosed as a secured transaction as provided in article 9, Uniform Commercial Code, except that such foreclosure proceedings shall be instituted within one year after the filing of such lien and the lien shall be subject to the rights of purchasers of the property against which the lien is filed when the purchasers acquired the property prior to the filing of the lien without knowledge or notice of the rights of the persons performing the work or furnishing the material. The fee for filing, amending, or releasing such lien shall be the same as set forth in section 9-403, Uniform Commercial Code.


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