35-01-17. Inferior lienholder may redeem - Subrogation.
61 words·~1 min read·
/nd/title-35/chapter-35-01-general-provisions/35-01-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any person who has a lien inferior to another upon the same property has a right:
1. To redeem the property in the same manner as its owner might from the superior lien;
and
2. To be subrogated to all the benefits of the superior lien when necessary for the
protection of the person's interests, upon satisfying the claim secured thereby.