This chapter does not prevent a mortgagee or other lien holder from waiving or subordinating at any time by agreement or otherwise the lien holder’s right to a lien, the priority or, if a preferred mortgage lien, the preferred status of the lien.
Title 46
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46 U.S.C. § 31305.Chapter 313
§ 31305
Waiver of lien rights
Title 46
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Subchapter: GENERAL
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