lien creditor
Defined in 1 place of the United States Code.
Lien creditor.—The term “lien creditor” means a creditor having a lien on a motor vehicle and includes an assignee for benefit of creditors from the date of assignment, a trustee in a case under title 11 from the date of filing of the petition in that case, and a receiver in equity from the date of appointment of the receiver.
Source
- 1995–present49 U.S.C. § 14301Transportation · Security interests in certain motor vehicles · in this section