Indiana § 25-34.1-7-7 Limitation of actions; notice of commencement of action

Indiana Statutes

§ 25-34.1-7-7 — Limitation of actions; notice of commencement of action

Indiana § 25-34.1-7-7

Title 25PROFESSIONS AND OCCUPATIONS

Art. 34.1REAL ESTATE BROKERS AND

Ch. 7Real Estate Recovery Fund

This text of Indiana § 25-34.1-7-7 (Limitation of actions; notice of commencement of action) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 25-34.1-7-7 (2026).

Text

An order for payment from the real estate
recovery fund may not be issued unless the action to recover from the
real estate recovery fund was commenced within one (1) year after the
termination of all proceedings against the licensee for embezzlement
of money or property, or unlawfully obtaining money or property by
false pretenses, use of a device, trickery, or forgery, including appeals
and proceedings supplemental to judgment. When any person
commences an action for a judgment that may result in an order for
payment from the fund, the person shall notify the commission in
writing of the commencement of the action.

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An order for payment from the real estate
recovery fund may not be issued unless the action to recover from the
real estate recovery fund was commenced within one (1) year after the
termination of all proceedings against the licensee for embezzlement
of money or property, or unlawfully obtaining money or property by
false pretenses, use of a device, trickery, or forgery, including appeals
and proceedings supplemental to judgment. When any person
commences an action for a judgment that may result in an order for
payment from the fund, the person shall notify the commission in
writing of the commencement of the action.