US Laws, Codes, Statutes & Cases

     514.674 Lien enforcement; limitation. 

    Subdivision 1.    Foreclosure procedure.  Subject to the 
 provisions of subdivision 2, an environmental lien may be 
 enforced by foreclosure in the manner provided for foreclosure 
 of judgment liens under chapter 550.  

    Subd. 2.    Property used for production of income.  If 
 the person referred to in section 514.672, subdivision 1, used 
 the real property for the production of income at the time the 
 lien attached, the lien may not be foreclosed until the person 
 ceases to use the property for the production of income or the 
 real property is transferred to another person.  An 
 environmental lien upon real property subject to this 
 foreclosure limitation remains enforceable notwithstanding any 
 law limiting the enforceability of a judgment arising out of the 
 liability of the person referred to in section 514.672, 
 subdivision 1.  

    HIST: 1988 c 651 s 4 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.