§ 1208.68 Redemption after sale

Codes > California Code of Civil Procedure > Part 3 > Title 4 : Chapter 5 > 1208.68

§ 1208.68. Redemption after sale

    Within 20 days after the sale, the legal owner may redeem the aircraft so sold upon the payment of the amount of the lien, all costs and expenses of sale, and interest on such sum at the rate of 12 percent a year from the date it became due or the date when the amounts were advanced until the repayment.

    VALIDITY

    This section was held unconstitutional as a violation of procedural due process in the decision of Martin v. Heady (Cal.App., 1980), 163 Cal.Rptr. 117, 103 Cal.App.3d 580.