21-45-52. Lien holder required to resort to other secured property.
69 words·~1 min read·
/sd/title-21/chapter-21-45/21-45-52A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever any party to an action who holds a lien upon the property or any part thereof, has other securities for the payment of the amount of such lien, the court may, in its discretion, order such security to be exhausted before distribution of the proceeds of sale, or may order a just deduction to be made from the amount of the lien on the property on account thereof.