§35-10-97. Effect of recording affidavit.  


Latest version.
  • (a) Upon recording, an affidavit complying with the requirements of this article constitutes a termination of the security interest described in the affidavit.

    (b) The recording of an affidavit of satisfaction of a security instrument does not extinguish, offset, or otherwise affect any responsibility or liability of a person for payment or performance of the debt or other obligation secured by the security instrument.

(Act 2012-278, p. 554, §8.)