Lien fund definition
Lien fund means the pool of money from which one or more lien
Lien fund means the pool of money from which one or more lien claims may be paid. The amount of the lien fund shall not exceed the maximum amount for which an owner can be liable. The amount of the lien that attaches to the owner’s interest in the real property cannot exceed the lien fund.
Lien fund means, as the case may be, the major lien fund, the minor lien fund or both the major lien fund and the minor lien fund;