§ 25-1506.4. Effect of relief granted upon contracts, sales, encumbrances, or leases.  


Latest version.
  • Relief granted pursuant to Section 1506.3 of this title does not affect a contract, sale, encumbrance, or lease that:

    1.  Was consummated before the granting of the relief; and

    2.  Involved a bona fide purchaser, encumbrancer, or tenant who did not have actual notice of the filing of a complaint pursuant to Section 1101 et seq. of this title or a civil action pursuant to this section.

Added by Laws 1991, c. 177, § 27.  Amended by Laws 2013, c. 214, § 21, emerg. eff. May 7, 2013.