§ 34-27-2 - Right of mortgagee to bid at sale. - Rhode Island Statutes

SECTION 34-27-2

   § 34-27-2  Right of mortgagee to bid atsale. – At any sale by public auction made under and according to the provisions of anymortgage of real estate, or of any power of sale contained therein or annexedthereto, the mortgagee in the deed of mortgage or other conveyance, or pledgee,his, her, or their assigns, or his, her, or their heirs, executors oradministrators, or any person for him, her, or them, may fairly and in goodfaith bid for and purchase the estate or property so put up for sale, or anypart thereof, in the same manner as it may be bid for and purchased by anyother person.