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2017 Mississippi Code
Title 89 - Real and Personal Property
Chapter 1 - Land and Conveyances
Relief From Inequitable Mortgage Foreclosures, Execution Sales and the Like After Declared Emergency or Disaster
§ 89-1-325. Postponement or extension shall not substantially diminish value of contract or obligation
Universal Citation: MS Code § 89-1-325 (2017)
No postponement or extension shall be ordered under conditions which, under the temporary emergency, would substantially diminish or impair the value of the contract or obligation of the person against whom the relief is sought without reasonable allowance to justify the exercise of the police power hereby authorized.
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