§667-40 Use of power of sale foreclosure in certain non-mortgage situations.
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§667-40 Use of power of sale foreclosure in certain non-mortgage situations. A power of sale foreclosure under this part may be used in certain non-mortgage situations where a law or a written document contains, authorizes, permits, or provides for a power of sale, a power of sale foreclosure, a power of sale remedy, or a nonjudicial foreclosure. These laws or written documents are limited to those involving time share plans, condominium property regimes, and agreements of sale, and commercial property assessed financing assessments imposed pursuant to section 196-64.5. [L 1998, c 122, pt of §1; am L 2024, c 41, §11]