Any lien recorded in favor of a firm or corporation which, since the recording of such lien, has dissolved, ceased to do business or gone out of business for any reason, and which remains of record as a lien of such firm or corporation for a period of more than 3 years from the date of the recording thereof shall become null and void and of no further force and effect.
Structure Delaware Code
§ 2331. Evidence of liens on application for a certificate of title.
§ 2332. Notation of liens and encumbrances on certificate of title.
§ 2338. Duration of liens in favor of firms which cease to do business.
§ 2339. Satisfaction of liens.
§ 2340. Failure to satisfy lien after payment; satisfaction by Secretary; penalty.