628.9 Senior creditor.
69 words·~1 min read·
/ia/chapter-628-redemption/628-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a senior creditor thus redeems from the senior creditor’s junior, the senior creditor is required to pay off only the amount of those liens which are paramount to the senior creditor’s own, with the interest and costs appertaining to those liens.
[C51, §1931; R60, §3337; C73, §3107; C97, §4048; C24, 27, 31, 35, 39, §11780; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §628.9]