Indiana Statutes

§ 30-1-9-18 — Sale of lands; mortgage or conveyance

Indiana·Art. 1 SALES OF SECURITIES AND INVESTMENTS BY·Ch. 9 Resulting Trusts and Powers
Where a power to sell lands shall be given to the grantee, in any mortgage or other conveyance intended to secure the payment of money, the power shall be deemed a part of the security, and shall vest in any person who shall become entitled to the money so secured to be paid. Formerly: Acts 1852, 1RS, c.113, s.18.

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