State Codes and Statutes

Statutes > Minnesota > 500-515B > 502 > 502_77

502.77 POWER IF PART OF SECURITY.

When a power to sell lands is given to the grantee in a mortgage, or other conveyance intended to secure the payment of money, the power is a part of the security and vests in, and may be executed by, any person who becomes entitled to the money so secured to be paid.

History:

1943 c 322 s 17

State Codes and Statutes

Statutes > Minnesota > 500-515B > 502 > 502_77

502.77 POWER IF PART OF SECURITY.

When a power to sell lands is given to the grantee in a mortgage, or other conveyance intended to secure the payment of money, the power is a part of the security and vests in, and may be executed by, any person who becomes entitled to the money so secured to be paid.

History:

1943 c 322 s 17


State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 500-515B > 502 > 502_77

502.77 POWER IF PART OF SECURITY.

When a power to sell lands is given to the grantee in a mortgage, or other conveyance intended to secure the payment of money, the power is a part of the security and vests in, and may be executed by, any person who becomes entitled to the money so secured to be paid.

History:

1943 c 322 s 17