Indiana Code 32-28-3-8. Insufficient proceeds of sale
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Terms Used In Indiana Code 32-28-3-8
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 8. If the proceeds of the sale of the property subject to a lien are insufficient to pay all the claimants, the court shall order the claimants to be paid in proportion to the amount due each claimant.
[Pre-2002 Recodification Citation: 32-8-3-8.]
As added by P.L.2-2002, SEC.13.