Indiana Code 32-28-7-2. Record; notice of lien
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Terms Used In Indiana Code 32-28-7-2
- Lien: A claim against real or personal property in satisfaction of a debt.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 2. A mechanic’s lien filed under Indiana law expires one (1) year after the debt secured by the lien becomes due, as shown by the record of the lien. If the record of the mechanic’s lien does not show when the debt secured by the lien becomes due, the mechanic’s lien expires one (1) year after the filing date of the lien.
[Pre-2002 Recodification Citation: 32-8-7-2.]
As added by P.L.2-2002, SEC.13.