Indiana Code 34-55-6-21. Surplus of execution sale; disposition
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Terms Used In Indiana Code 34-55-6-21
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Sheriff: means the sheriff of the county or another person authorized to perform sheriff's duties. See Indiana Code 1-1-4-5
Sec. 21. When property is sold on execution for more than will satisfy the execution, including interest and costs, the sheriff shall pay the overplus to the execution debtor on whom it was levied, or to the execution debtor’s assigns, unless the execution debtor is notified of the existence of liens to the payment of which the overplus should be applied. In that event, the execution debtor shall return the money, which is to be disposed of as the court directs.
[Pre-1998 Recodification Citation: 34-1-39-17.]
As added by P.L.1-1998, SEC.51.