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Current as of January 01, 2025 | Updated by Findlaw Staff
The trustee exercising a power of sale granted in any security instrument may in the trustee's discretion set the time for sale at any commercially reasonable time, unless the security instrument specifies an hour at which the sale is to occur. The time for sale will be deemed to be commercially reasonable if the sale is held between the hours of 9:00 a.m. and 5:00 p.m. on the date of sale. If no time is stated in the notice of sale, then the sale shall be held at the time customary for such sales in the county. If the trustee elects to state a specific time for sale in the notice of sale, then the sale shall be held at the time stated in the notice unless the sale is continued as may be otherwise provided by law.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XXIX. Ownership and Conveyance of Property § 443.327. Sale by trustee exercising powers under security instrument--times when sale may be held--places where sale may be held - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-xxix-ownership-and-conveyance-of-property/mo-rev-st-443-327/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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