2005 Minnesota Statutes - 502.77 — Power if part of security.


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.
HIST: 1943 c 322 s 17

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