Nebraska Statutes 52-304. Foreclosure; sale; proceeds; excess; disposition
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If the property sold under foreclosure shall bring more than the charges and costs of foreclosure, the excess shall be paid to the county treasurer of the county in which the foreclosure is had, and a statement shall be made to the county treasurer of the amount of excess due to the owners of the articles sold, which sum may be procured by the owner by filing a claim with the county board in the usual manner.
Source
- Laws 1921, c. 175, § 4, p. 674;
- C.S.1922, § 3233;
- C.S.1929, § 52-304;
- R.S.1943, § 52-304.
Terms Used In Nebraska Statutes 52-304
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC