There is a newer version of the Minnesota Statutes
2014 Minnesota Statutes
Chapters 500 - 515B — PROPERTY AND PROPERTY INTERESTS
Chapter 502 — POWERS OF APPOINTMENT
Section 502.77 — POWER IF PART OF SECURITY.
MN Stat § 502.77 (2014) What's This?
502.77 POWER IF PART OF SECURITY. When a power to sell lands is given to the grantee in a mortgage, or other conveyance intended to secure the payment of money, the power is a part of the security and vests in, and may be executed by, any person who becomes entitled to the money so secured to be paid.
History:1943 c 322 s 17
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