Section 11-50-10 Provision in Mortgages or Deeds of Trust as to Franchise Right, Etc., of Purchaser at Foreclosure Sale.
A mortgage or deed of trust may allow a foreclosure-sale buyer, or later buyer from that purchaser, to operate the sold plants or systems and the related business under the same terms until the city or town redeems them.
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- United States — Alabama
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- en
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Section 11-50-10 Provision in Mortgages or Deeds of Trust as to Franchise Right, Etc., of Purchaser at Foreclosure Sale.
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