This bill amends provisions related to wrongful liens.
This bill:
- expands the definition of "wrongful lien";
- provides that if a reinvestment fee covenant or transfer fee covenant is a wrongful lien, the reinvestment fee covenant or transfer fee covenant is invalid; and
- makes technical changes.

Statutes affected:
Substitute #1: 38-9-102, 38-12-102, 57-1-46, 57-1-47
Introduced: 38-9-102, 57-1-46, 57-1-47