Indiana § 32-29-4-1 Lack of evidence of indebtedness

Indiana Statutes

§ 32-29-4-1 — Lack of evidence of indebtedness

Indiana·Title 32 PROPERTY·Art. 29 MORTGAGES·Ch. 4 Release by State

If the mortgage records of a county in Indiana indicate that a mortgage has been executed to the state and:

(1)there is no evidence of indebtedness secured by the mortgage in the possession of the treasurer of state or state comptroller; and

(2)there is no evidence in the office of the state comptroller or treasurer of state that a loan secured by the mortgage was made; the state comptroller may release and discharge the mortgage of record. [Pre-2002 Recodification Citation: 32-8-14-1.]

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If the mortgage records of a county in Indiana
indicate that a mortgage has been executed to the state and:
(1) there is no evidence of indebtedness secured by the mortgage
in the possession of the treasurer of state or state comptroller; and
(2) there is no evidence in the office of the state comptroller or
treasurer of state that a loan secured by the mortgage was made;
the state comptroller may release and discharge the mortgage of record.
[Pre-2002 Recodification Citation: 32-8-14-1.]

Indiana § 32-29-4-1 (Lack of evidence of indebtedness) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.