Section 09.45.200. Effect of action to recover debt.

Latest version.

During or after the pendency of an action for the recovery of a debt secured by a lien mentioned in AS 09.45.170, an action cannot be maintained for the foreclosure of the lien unless judgment is given in that action that the plaintiff recover the debt or a part of it, and an execution issued in the action against the property of the defendant is returned unsatisfied in whole or in part.

Notes

History

(Sec. 18.04 ch 101 SLA 1962)

                    
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