§38-1-8. Return of account of sale; forfeiture of commissions on
failure to account.
When a sale of property is made under any trust deed
otherwise than under a decree, there shall, within two months
after the sale, be returned by the trustee, to the clerk of the
county court of the county wherein such deed may have been first
recorded, an inventory of the property sold and an account of the
sale. Any trustee failing to comply with this section shall
forfeit his commissions on such sale, which commissions may be
recovered in an action by the grantors in such deed, or of any
beneficiary when the proceeds of sale were insufficient to pay
the debt secured.