Sec. 1. In a sale of real estate by:

(1) a receiver; or

Terms Used In Indiana Code 32-18-3-1

  • Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
  • Trustee: A person or institution holding and administering property in trust.
(2) an assignee or trustee under IC 32-18-1;

a person may, before the confirmation of the sale by the proper court, file with the clerk of the court, or in open court, a bond in the sum sufficient to secure the sale. The surety for the bond must be approved by the clerk or the court.

[Pre-2002 Recodification Citation: 32-12-3-1 part.]

As added by P.L.2-2002, SEC.3.