No postponement or extension shall be ordered under conditions which, under the temporary emergency, would substantially diminish or impair the value of the contract or obligation of the person against whom the relief is sought without reasonable allowance to justify the exercise of the police power hereby authorized.
Miss. Code Ann. § 89-1-325
Postponement or extension shall not substantially diminish value of contract or obligation
Laws, 1980, ch. 371, § 13, eff from and after passage (approved April 25, 1980
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.