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

Indiana Statutes

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

Indiana § 32-29-4-1

Title 32PROPERTY

Art. 29MORTGAGES

Ch. 4Release by State

This text of Indiana § 32-29-4-1 (Lack of evidence of indebtedness) 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 § 32-29-4-1 (2026).

Text

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.]