Idaho Code § 45-114

RIGHTS OF JUNIOR LIENOR.

Year: 2026Length: 81 wordsOfficial source
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.]
Idaho Code § 45-114: RIGHTS OF JUNIOR LIENOR. | Justis AI