25 USC 5140: Mortgaged property governed by State law
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25 USC 5140: Mortgaged property governed by State law Text contains those laws in effect on December 24, 2024
From Title 25-INDIANSCHAPTER 45-PROTECTION OF INDIANS AND CONSERVATION OF RESOURCES

§5140. Mortgaged property governed by State law

Trust or restricted tribal or tribal corporation property mortgaged pursuant to sections 5136 to 5143 of this title shall be subject to foreclosure and sale or conveyance in lieu of foreclosure, free of such trust or restrictions, in accordance with the laws of the State in which the property is located.

( Pub. L. 91–229, §4, Apr. 11, 1970, 84 Stat. 120 .)


Editorial Notes

Codification

Section was formerly classified to section 491 of this title prior to editorial reclassification and renumbering as this section.