1. Irish Financial Services Law
  2. Legislation (IE)
  3. Acts
  4. 1957
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  1. Statute of Limitations Act, 1957 (No. 6)
  2. Part II Periods of Limitation for Different Classes of Action (ss. 10-46)
  3. Actions in respect of mortgages and charges (ss. 32-42)
  4. 39. Extinction of right of mortgage or chargeant to principal sum secured by mortgage or charge on personal property after expiration of period for action to recover principal sum.
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 1959 - onwards
  Version 2 of 2    

39. Extinction of right of mortgage or chargeant to principal sum secured by mortgage or charge on personal property after expiration of period for action to recover principal sum.

At the expiration of the period fixed by this Act for a mortgagee or chargeant to bring an action to recover a principal sum of money secured by a mortgage or charge on personal property (other than a ship), the right of the mortgagee or chargeant to the principal sum and interest shall be extinguished.

Comparing proposed amendment...
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