TITLE 45

LIENS, MORTGAGES AND PLEDGES

CHAPTER 1

LIENS IN GENERAL

45-110.  Contracts for forfeiture void. All contracts for the forfeiture of property subject to a lien, in satisfaction of the obligation secured thereby, and all contracts in restraint of the right of redemption from a lien, are void.

History:

[(45-110) R.S., sec. 3334; reen. R.C. & C.L., sec. 3382; C.S., sec. 6349; I.C.A., sec. 44-110.]