Effect of relief granted upon contracts, sales

encumbrances, or leases. Relief granted pursuant to Section 1506.3 of this title does not affect a contract, sale, encumbrance, or lease that: 1. Was consummated before the granting of the relief; and 2. Involved a bona fide purchaser, encumbrancer, or tenant who did not have actual notice of the filing of a complaint pursuant to Section 1101 et seq. of this title or a civil action pursuant to this section. Added by Laws 1991, c. 177, § 27. Amended by Laws 2013, c. 214, § 21, emerg. eff. May 7, 2013.