☰ Revisor of Missouri

Title XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY

Chapter 443

< > Effective - 28 Aug 1993 bottom

  443.355.  Continuance of sale by trustee without readvertisement, manner — restrictions. — 1.  A trustee exercising a power of sale granted in any security instrument may, in his discretion, continue the sale without readvertisement or mailing additional notice by announcing or causing to be announced on the day and at the time and place of sale the fact of such continuance.  The announcement shall contain the date, time and place to which the sale is continued.  No party shall have a cause of action for damages against a trustee for continuing or refusing to continue a sale as provided in this section.

  2.  Only one continuance shall be made under the authority granted by this section, which continuance shall be for a period of not to exceed seven days.  The provisions of this section shall not prevent the holder of a security instrument and the owner of the land encumbered thereby from agreeing to more than one continuance or to continuances for more than one week.  Nothing in this section shall prevent a trustee from abandoning a sale before its completion and commencing new sale proceedings after compliance with sections 443.310, 443.320 and 443.325.

­­--------

(L. 1993 H.B. 105 & 480)


---- end of effective  28 Aug 1993 ----

use this link to bookmark section  443.355


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House