Colorado Statutes
§ 10-3-219 — Real estate acquired in satisfaction of indebtedness
(1)The
following shall be admitted assets:
(a)Such real estate as has been mortgaged to the company in good faith, by
way of security for loans or for money due it;
(b)Such real estate as is conveyed to the company in good faith in
satisfaction of debts previously contracted in the course of its business;
(c)Such real estate as is purchased at sales under execution issued on
judgments and decrees based upon debts due, or at foreclosure sales under
mortgages or deeds of trust owned or held by the company or obtained by
redemption as junior judgment creditor or mortgagee.
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Colorado § 10-3-219 (Real estate acquired in satisfaction of indebtedness) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 69: p. 494, � 5. C.R.S. 1963: � 72-2-25.
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