§ 32-33-14-2 — Sale of property; notice

Indiana § 32-33-14-2

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 33: LIENS ON PERSONAL PROPERTY
• Ch. 14: Warehouseman's Lien

Text

(a) If goods, wares, or merchandise have
remained in the possession of a person, firm, limited liability company,
or corporation described in section 1 of this chapter for a period of at
least six (6) months without the payment of the charges due, the goods,
wares, or merchandise, or as much of the goods, wares, or merchandise
as is necessary, may be sold at public auction to pay the amount of the
lien and the expenses of the sale.
(b) Before a sale under subsection (a), the person, firm, limited
liability company, or corporation described in section 1 of this chapter
must give public notice of the time and place of the sale by
advertisements set up for a period of ten (10) days in three (3) public
places in the city or township in which the goods, wares, or
merchandise are located. One (1) of the advertisements must be:
(1) displayed in a conspicuous part of the place of business of the
person, firm, limited liability company, or corporation; or
(2) if the value of the article or articles is at least ten dollars ($10),
published for three (3) weeks successively in a newspaper
published in the county or city in which the goods are located.
(c) The notice given under subsection (b) must:
(1) state the time, place, and date of sale;
(2) give a general description of the goods to be sold; and
(3) state the name of the person to whom a receipt for the goods
was issued.
[Pre-2002 Recodification Citation: 32-8-35-2.]

Legislative History

As added by P.L.2-2002, SEC.18.