Section 78B-6-1226 - Security for paymentThe referees may take separate mortgages and other securities;
(1) for the whole or convenient portions of the purchase money;(2) on any part of the property directed by the court to be sold on credit;(3) for the shares of any known owner of full age, in the name of the owner;(4) for the shares of a minor, in the name of the guardian of the minor; and(5) for other shares, in the name of the clerk of the court and his successors in office.Renumbered and Amended by Chapter 3, 2008 General Session .