When an action is brought to set aside an execution sale of land, and the time of redemption from such sale may expire before final judgment therein, any person having the right to redeem therefrom, for the purpose of saving such right, may deposit with the sheriff, before the time of redemption expires, the amount that will be necessary to redeem such premises at the date of such expiration, together with a bond in an amount and with sureties to be approved by such sheriff, conditioned to pay all interest that may accrue or be allowed on such deposit until final redemption as hereinafter provided. Such deposit and bond shall operate to extend the time of redemption for 30 days after the final determination of such action, during which time any person entitled by law to redeem may do so by paying to the sheriff the amount of such deposit with accrued interest. The deposit and bond shall be brought to the attention of the court by supplemental complaint in the action, and the judgment shall determine the validity of the execution sale, and the right of the parties to the moneys and bonds so deposited, which shall be paid and delivered by the sheriff as directed by such judgment, upon delivery to the sheriff of a certified copy thereof. The remedy herein provided shall be in addition to other remedies now existing.
(9445) RL s 4315; 1986 c 444
Structure Minnesota Statutes
Chapters 540 - 552 — Civil Procedure
Chapter 550 — Executions, Redemption, Exemptions
Section 550.01 — Enforcement Of Judgment.
Section 550.011 — Judgment Debtor Disclosure.
Section 550.02 — Judgments; Methods Of Enforcement.
Section 550.03 — Kinds Of Execution.
Section 550.04 — Execution, How Issued; Contents.
Section 550.051 — Term Of Writ Of Execution; Inventory; Satisfaction.
Section 550.06 — Execution After Death.
Section 550.07 — Issuance Of Execution.
Section 550.08 — Execution Against Property, How Executed.
Section 550.09 — Levy On Money.
Section 550.10 — Property Levied On, Lien.
Section 550.11 — Levy On Property Subject To Judgment Lien; Release.
Section 550.12 — Levy On Personalty.
Section 550.13 — Levy On Bulky Articles.
Section 550.135 — Sheriff's Levy On Other Personal Property, Money, Or Indebtedness.
Section 550.136 — Sheriff's Levy Of Earnings.
Section 550.142 — Public Employees; Wages, Execution Levy.
Section 550.143 — Levy On Funds At A Financial Institution.
Section 550.15 — Certificate To Be Furnished Officer.
Section 550.16 — Levy On Pledged Or Mortgaged Chattels.
Section 550.17 — Levy On Growing Crops.
Section 550.175 — Execution On Real Property That Includes Homestead.
Section 550.18 — Notice Of Sale.
Section 550.19 — Service On Judgment Debtor.
Section 550.20 — Sale, When And How.
Section 550.206 — Report Of Sale Of Homestead On Execution; Confirmation; Resale.
Section 550.21 — Sale Of Corporate Stock.
Section 550.22 — Certificate Of Sale Of Real Property.
Section 550.23 — Interest Of Purchaser Subject To Attachment Or Judgment.
Section 550.24 — Redemption Of Real Property.
Section 550.26 — Redemption, How Made.
Section 550.27 — Certificate Of Redemption; Effect Of Redemption.
Section 550.28 — Sale Irregular Or Judgment Reversed.
Section 550.29 — Redemption Pending Action To Set Aside Execution Sale.
Section 550.30 — Creditor May Redeem In Certain Cases.
Section 550.31 — Creditor To Record Order With County Recorder.
Section 550.32 — Recording To Determine Priority.
Section 550.33 — Creditor May Redeem When.
Section 550.34 — District Court To Determine Amount.
Section 550.36 — Stay Of Execution On Money Judgment.
Section 550.365 — Mediation Notice And Requirements For Agricultural Property.
Section 550.366 — Judgments On Debts Related To Agricultural Property.
Section 550.37 — Property Exempt.
Section 550.371 — Exemptions In Joint Bankruptcy.
Section 550.38 — Veteran's Pension, Bonus, Or Compensation.
Section 550.39 — Exemption Of Insurance Policies.