Foreclosure; bidding in property. A fiduciary may:
1. Foreclose, as an incident to the collection of any bond, note or other obligation, any mortgage, deed of trust or other lien securing such bond, note or other obligation;
2. Bid in the property at such foreclosure sale, or acquire the property by deed from the mortgagor or obligor without foreclosure; and
3. Retain the property so bid in or taken over without foreclosure.
Last modified: February 25, 2006