38-1-15. Sale -- Redemption -- Disposition of proceeds.
The court shall cause the property to be sold in satisfaction of the liens and costs as in the
case of foreclosure of mortgages, subject to the same right of redemption. If the proceeds of sale
after the payment of costs shall not be sufficient to satisfy the whole amount of liens included in
the decree, then such proceeds shall be paid in the order above designated, and pro rata to the
persons claiming in each class where the sum realized is insufficient to pay the persons of such
class in full. Any excess shall be paid to the owner.
No Change Since 1953
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Last revised: Wednesday, July 23, 2008