A levy upon personal property sufficient to pay the debt, which levy is unaccounted for, shall be prima-facie evidence of satisfaction to the extent of the value of the property. The unexplained dismissal of the levy shall be an abandonment of the lien so far as third persons are concerned.
(Orig. Code 1863, § 3584; Code 1868, § 3607; Code 1873, § 3657; Code 1882, § 3657; Civil Code 1895, § 5442; Civil Code 1910, § 6047; Code 1933, § 39-601.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 30 Am. Jur. 2d, Executions and Enforcement of Judgments, § 255.
C.J.S.- 33 C.J.S., Executions, § 524.