Indiana Code 32-33-15-4. Excess proceeds from sale
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Terms Used In Indiana Code 32-33-15-4
- Lien: A claim against real or personal property in satisfaction of a debt.
Sec. 4. If the sale is for a sum greater than the amount of the lien, any excess shall be paid to the owner and any prior lienholder.
[Pre-2002 Recodification Citation: 32-8-36-4.]
As added by P.L.2-2002, SEC.18.