Chapter 2 of Title 46 of the Pohnpei State Code - Non-judicial Foreclosure.
Resource information
Resource Language
ISBN / Resource ID
LEX-FAOC079824
Pages
1
License of the resource
Copyright details
© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.
This Chapter sets out conditions and procedures for non-judicial foreclosing on the property of a debtor by the creditor. The Chapter sets out when and how a creditor may take possession of the property with or without notice, but only if this can be done without breach of the peace. The Chapter sets out procedures for the sale of the property.