78B-6-1226. Security for payment.
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/ut/title-78b/chapter-6/78b-6-1226A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
78B-6-1226. Security for payment.
The referees may take separate mortgages and other securities;
(1)for the whole or convenient portions of the purchase money;
(2)on any part of the property directed by the court to be sold on credit;
(3)for the shares of any known owner of full age, in the name of the owner;
(4)for the shares of a minor, in the name of the guardian of the minor; and
(5)for other shares, in the name of the clerk of the court and his successors in office.
Renumbered and Amended by Chapter 3 , 2008 General Session