A Practical Guide to Equine Law for Lawyers and Horse Owners
No. In states that have adopted the Uniform Commercial Code (UCC), courts will probably hold that the possessory stableman’s lien is superior, even if the bank’s UCC Financing Statement was filed before the stableman took possession.
When Does the Conflicting Lien Situation Arise? If someone borrows money to buy a horse or horses, the bank will often require…
Fortunately, unlike many states, Texas does not require holders of stock breeder’s liens to file suit or involve the courts in order to enforce their liens—provided the enforcement provisions in the statute are precisely followed.
If you own or stand a stallion and a mare owner does not pay for the breeding services, you have…
