Indiana § 27-9-3-18 Liens

Indiana Statutes

§ 27-9-3-18 — Liens

Indiana § 27-9-3-18

Title 27INSURANCE

Art. 9SUPERVISION; REHABILITATION;

Ch. 3Formal Proceedings

This text of Indiana § 27-9-3-18 (Liens) 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 § 27-9-3-18 (2026).

Text

(a)A lien obtainable by legal or equitable proceedings upon a simple contract is one arising in the ordinary course of those proceedings upon the entry or docketing of a judgment or decree, or upon attachment, garnishment, execution, or like process, whether before, upon, or after judgment or decree and whether before or upon levy. It does not include liens that under applicable law are given a special priority over other liens that are prior in time.

(b)A lien obtainable by legal or equitable proceedings could become superior to the rights of a transferee, or a purchaser could obtain rights superior to the rights of a transferee within the meaning of section 17 of this chapter, if those consequences would follow only from the lien or purchase itself, or from the lien or purchase followe

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(a) A lien obtainable by legal or equitable
proceedings upon a simple contract is one arising in the ordinary
course of those proceedings upon the entry or docketing of a judgment
or decree, or upon attachment, garnishment, execution, or like process,
whether before, upon, or after judgment or decree and whether before
or upon levy. It does not include liens that under applicable law are
given a special priority over other liens that are prior in time.
(b) A lien obtainable by legal or equitable proceedings could
become superior to the rights of a transferee, or a purchaser could
obtain rights superior to the rights of a transferee within the meaning
of section 17 of this chapter, if those consequences would follow only
from the lien or purchase itself, or from the lien or purchase followed
by any step wholly within the control of the respective lienholder or
purchaser, with or without the aid of ministerial action by public
officials. A lien could not, however, become superior and a purchase
could not create superior rights for the purpose of section 17 of this
chapter through any acts after obtaining a lien or after a purchase that
requires the agreement or concurrence of any third party or which
requires any further judicial action or ruling.
As added by Acts 1979, P.L.255, SEC.1.