§ 1203.63.Waiver of Lien
Title 4. Of the Enforcement of Liens · Chapter 2.5. Oil and Gas Liens · Enacted 1959 · no amendments on record · Last verified July 29, 2026
Full Text of § 1203.63
Plain-English Summary
Lien claimants sometimes accept a promissory note or other collateral while a debt is outstanding, and worry that doing so might accidentally give up the lien. This section removes that worry: taking a note or any additional security doesn't waive the lien this chapter provides, unless the parties expressly agree in writing that it does.
The reverse is protected too. Claiming a lien under this chapter doesn't waive any other right or security the claimant holds, again unless the parties put an express written waiver in place. Either way, waiver has to be a deliberate written choice, not an accidental byproduct of taking normal precautions.
Frequently Asked Questions
If I take a promissory note from the debtor, do I lose my oil and gas lien?
No, not unless you and the debtor expressly agree in writing that taking the note waives the lien.
Does filing a lien under this chapter waive my other rights or security interests?
No, unless there's an express written agreement making it a waiver.
Amendment History
Added by Stats. 1959, Ch. 2020.