TITLE 45

LIENS, MORTGAGES AND PLEDGES

CHAPTER 1

LIENS IN GENERAL

45-114.  Rights of junior lienor. One 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 his interests upon satisfying the claim secured thereby.

History:

[(45-114) R.S., sec. 3338; reen. R.C. & C.L., sec. 3386; C.S., sec. 6353; I.C.A., sec. 44-114.]