Indiana Statutes

§ 32-29-6-14 — Acceptance of payment

Indiana·Title 32 PROPERTY·Art. 29 MORTGAGES·Ch. 6 Mortgage Release by Title Insurance Companies
The acceptance of a payment by a creditor or mortgage servicer of an amount that is not sufficient to pay the amount owed does not constitute a waiver, release, accord and satisfaction, or other impairment of the creditors or mortgage servicers rights notwithstanding any contrary instructions or restrictive endorsements. [Pre-2002 Recodification Citation: 32-8-15.5-14.]

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Legislative History

As added by P.L.2-2002, SEC.14.

Nearby Sections

15
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