Indiana Code 32-34-1.5-74. Agreements to locate or recover property
Current as of: 2023 | Check for updates
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Sec. 74. An agreement by an apparent owner and another person, the primary purpose of which is to locate, deliver, recover, or assist in the location, delivery, or recovery of property held by the attorney general, is enforceable only if the agreement:
(2) is signed by or on behalf of the apparent owner;
(1) is in a record that clearly states the nature of the property and the services to be provided;
Terms Used In Indiana Code 32-34-1.5-74
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) states the amount or value of the property reasonably expected to be recovered, computed before and after a fee or other compensation to be paid to the person has been deducted; and
(4) informs the apparent owner that a claim for property held by the attorney general may be made without charge through the attorney general’s office.
As added by P.L.141-2021, SEC.20.