§ 42-19. Holder of inferior lien - Redemption.  


Latest version.
  • 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.

R.L. 1910, § 3840.