Action to Enforce Lien; Enforcement of Judgment; Stay of Enforcement Pending Appeal

4 CMC § 51543 — under Statutory Liens.

4 CMC § 51543

TITLE 4: ECONOMIC RESOURCES

DIVISION 5: BUSINESS REGULATION

§ 51543. Action to Enforce Lien; Enforcement of Judgment; Stay of Enforcement Pending Appeal. (a) If the occupant signs, and returns to the owner, the declaration in opposition to the sale, the owner may commence an action in any court of competent jurisdiction to enforce his lien. (b) If, after the action to enforce the lien, the owner obtains a judgment against the occupant for the amount of the lien, the owner may enforce the judgment by a sale of the property conducted in a commercially reasonable manner more than 10 days after the notice of the entry of judgment has been filed with the court, unless within that time the occupant pays the amount of the judgment. (c) The occupant may stay the enforcement of the judgment pending an appeal by posting with the court which entered the judgment, a bond in an amount equal to 1.5 times the amount of the judgment. If the occupant posts such a bond, the court may order the owner to return the personal property to the occupant. Source: PL 15-117, § 2(51443).