Massachusetts General Laws ch. 246 sec. 63 – Sale by trustee of property held for security
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Section 63. The preceding sections shall not prevent the trustee from selling the property in his hands for payment of the claim for which it is mortgaged, pledged or otherwise liable at any time before the amount due him is paid or tendered as provided in section sixty or sixty-one, if such sale would be valid as between him and the defendant.
Terms Used In Massachusetts General Laws ch. 246 sec. 63
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Trustee: A person or institution holding and administering property in trust.