Bill No.: HB0079 Drafter: LGC
LSO No.: 09LSO-0377 Effective Date: 7/1/2009
Enrolled Act No.: HEA0027
Chapter No.: 62
Prime Sponsor: Representative Brown
Catch Title: Mortgages-redemption period.
Subject: Clarifying redemption period for agricultural real estate.
The act clarifies that the parties to a mortgage on agricultural real estate, their heirs, executors, administrators, assigns, guarantors or successors are bound by the twelve month redemption period generally provided for agricultural property in law.