§ 32-34-4-1 “Creditor” defined
§ 32-34-4-2 “Debtor” defined
§ 32-34-4-3 “Value” defined
§ 32-34-4-4 “Vehicle” defined
§ 32-34-4-5 Property having aggregate value of at least $10; notice to debtor
§ 32-34-4-6 Property having aggregate value of less than $10

Terms Used In Indiana Code > Title 32 > Article 34 > Chapter 4 - Unclaimed Property in Possession of Repossessors of Motor Vehicles or Watercraft

  • creditor: means the person who has lawfully repossessed a vehicle. See Indiana Code 32-34-4-1
  • debtor: means the person from whom a vehicle is repossessed. See Indiana Code 32-34-4-2
  • Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
  • Personal property: All property that is not real property.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • value: means the amount of money that a reasonable person would estimate a willing buyer would pay for an item of personal property. See Indiana Code 32-34-4-3
  • vehicle: means a motor vehicle or a watercraft. See Indiana Code 32-34-4-4