71-3-131. Acknowledgment of lien satisfaction -- penalty. Whenever a lien authorized under this chapter is paid and satisfied or the claim upon which it is based has been found invalid by final order or judgment of a court of competent jurisdiction, it is the duty of the creditors to acknowledge satisfaction within 30 days and discharge the lien of record by filing a release of the lien in the office of the county clerk and recorder in each county in which the notice of lien was filed. If any creditor fails to acknowledge satisfaction, he is liable to any person injured by such failure for a civil penalty of $100, plus any other damages provided by law.

     History: En. Sec. 1, Ch. 525, L. 1985.