2019 Idaho Code
Title 45 - LIENS, MORTGAGES AND PLEDGES
Chapter 1 - LIENS IN GENERAL
Section 45-114 - RIGHTS OF JUNIOR LIENOR.

Universal Citation: ID Code § 45-114 (2019)

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.]

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