177: Defaulting pawnor’s right to redeem
The Contract Act · Federal Acts · Chapter IX · in_force
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If a time is stipulated for the payment of the debt, or performance of the promise, for which the pledge is made, and the pawnor makes default in payment of the debt or performance of the promise at the stipulated time, he may redeem the goods pledged at any subsequent time before the actual sale of them; but he must, in that case, pay, in addition, any expenses which have arisen from his default.
Related sections
176: Pawnee’s right where pawnor makes default178: Pledge by mercantile agent175: Pawnee’s right as to extraordinary expenses incurred178A: Pledge by person in possession under voidable contract174: Pawnee not to retain for debt or promise other than that for which goods pledged179: Pledge where pawnor has only a limited interest
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