Within 20 days after the sale, the legal owner may redeem the aircraft so sold upon the payment of the amount of the lien, all costs and expenses of sale, and interest on such sum at the rate of 12 percent a year from the date it became due or the date when the amounts were advanced until the repayment.

(Added by Stats. 1953, Ch. 52.)

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Terms Used In California Code of Civil Procedure 1208.68

  • Lien: A claim against real or personal property in satisfaction of a debt.