Indiana Code > Title 4 > Article 11 > Chapter 2 – Release of Certain Mortgages to State or State Trust Funds
Current as of: 2023 | Check for updates
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Other versions
§ 4-11-2-1 | Loans of state funds; release of mortgages; evidence of payment |
§ 4-11-2-2 | School fund mortgages; examination of records |
§ 4-11-2-3 | School fund mortgages; counties; settlement of claim |
Terms Used In Indiana Code > Title 4 > Article 11 > Chapter 2 - Release of Certain Mortgages to State or State Trust Funds
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5