Possession premises
Sec. 1. (a) This section does not apply to security interests in rents
and profits arising from real estate.
(b) Unless a mortgage specifically provides that the mortgagee
shall have possession of the mortgaged premises, the mortgagee is
not entitled to possession of the mortgaged premises.
As added by P.L.2-2002, SEC.14.
Last modified: May 24, 2006