Indiana Statutes

§ 32-33-19-1 — Release, discharge, and satisfaction

Indiana·Title 32 PROPERTY·Art. 33 LIENS ON PERSONAL PROPERTY·Ch. 19 Duty to Satisfy Record

Unless otherwise provided in this article, if the debt or obligation, including interest on the debt or obligation, that a lien on personal property secures has been fully paid, lawfully tendered, and discharged, the owner, holder, or custodian of the mortgage shall:

(1)release;
(2)discharge; and
(3)satisfy of record; the mortgage as provided in IC 32-28-1. [2002 Recodification Citation: New.]

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Legislative History

As added by P.L.2-2002, SEC.18. Amended by P.L.1-2003, SEC.87.

Nearby Sections

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