§46-49. Termination of power of sale proceeding.
55 words·~1 min read·
/ok/title-46-mortgages/46-49A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding anything herein to the contrary, the mortgagee may at any time prior to the conduct of any sale under this act, terminate any power of sale proceeding and pursue judicial foreclosure in accordance with the procedures provided for the foreclosure of mortgages. Added by Laws 1987, c. 107, § 7, eff. Nov. 1, 1987.