Section 9.28.450 Enforcement by private persons--Certain contracts, sales, encumbrances or leases unaffected by relief granted.

9.28.450 Enforcement by private persons—Certain contracts, sales, encumbrances or leases unaffected by relief granted.
    Relief granted under this chapter does not affect a contract, a sale, an encumbrance or a lease that:
    A.    Was consummated before the granting of the relief; and
    B.    Involved a bona fide purchaser, an encumbrancer or a tenant who did not have actual notice of the filing of a complaint or a civil action under this chapter. (Ord. 92-45 (part), 1992; prior code § 12-3.5-6-3)






(3/96 fix2, Amended, 03/29/1996)