No action shall be commenced to foreclose the lien of any mortgage or deed of trust, unless such action is commenced prior to the date on which such mortgage or deed of trust ceases to be a lien pursuant to sections 38-39201 and 38-39-202.
Source: L. 90: Entire article R&RE, p. 1677, § 3, effective October 1.
Editor's note: This section is similar to former § 38-40-105, as it existed prior to 1990.