California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 14 — Lien, Chapter 6 — Other Liens, Section 3053

A factor has a general lien, dependent on possession, for all that is due to him as such, upon all articles of commercial value that are intrusted to him by the same principal.

Notes

Establishes a general lien for a factor on all commercially valuable articles entrusted to the factor by the same principal, securing everything due to the factor in that capacity. The lien depends on possession, so it applies to entrusted commercial-value articles while they remain in the factor’s possession.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 3053 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-14/chapter-6/section-3053

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