Indiana § 32-17-5-4 Effect of decree

Indiana Statutes

§ 32-17-5-4 — Effect of decree

Indiana·Title 32 PROPERTY·Art. 17 INTERESTS IN PROPERTY·Ch. 5 Partition Investment Limitations

If all persons in being are parties who would be entitled to the property sold or leased or the income of the personal property if the contingency had happened at the date of the commencement of the proceedings, a decree under section 2 of this chapter is binding on any person that claims an interest in the real estate or personal property:

(1)under any party to the decree;

(2)under any person from whom a party to the decree claims; or

(3)from, under, or by the original:

(A)deed;

(B)will; or

(C)instrument; by which the particular, limited, or conditional estate with remainders or executory devisees was created. [Pre-2002 Recodification Citation: 32-4-8-1 part.]

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If all persons in being are parties who would
be entitled to the property sold or leased or the income of the personal
property if the contingency had happened at the date of the
commencement of the proceedings, a decree under section 2 of this
chapter is binding on any person that claims an interest in the real
estate or personal property:
(1) under any party to the decree;
(2) under any person from whom a party to the decree claims; or
(3) from, under, or by the original:
(A) deed;
(B) will; or
(C) instrument;
by which the particular, limited, or conditional estate with remainders
or executory devisees was created.
[Pre-2002 Recodification Citation: 32-4-8-1 part.]

Indiana § 32-17-5-4 (Effect of decree) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.