Indiana Statutes
§ 30-2-7-4 — Value of security credited upon claims
Indiana § 30-2-7-4
JurisdictionIndiana
Art. 2GENERAL PROVISIONS
Ch. 7Uniform Act Governing Secured Creditors' Dividends in
This text of Indiana § 30-2-7-4 (Value of security credited upon claims) 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 § 30-2-7-4 (2026).
Text
Dividends paid to secured creditors shall be
computed only upon the balance due after the value of all security not
exempt from the claims of unsecured creditors and not released or
surrendered to the liquidator, is determined and credited upon the claim
secured by it.
Formerly: Acts 1941, c.50, s.4.
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Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-2-7-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-2-7-4.