Indiana Statutes

§ 32-34-1.5-32 — Property removed from safe deposit box

Indiana § 32-34-1.5-32
JurisdictionIndiana
Title 32PROPERTY
Art. 34LOST OR UNCLAIMED PERSONAL PROPERTY
Ch. 1.5Revised Unclaimed Property Act

This text of Indiana § 32-34-1.5-32 (Property removed from safe deposit box) 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 § 32-34-1.5-32 (2026).

Text

Property removed from a safe deposit box and delivered to the attorney general under this chapter is subject to the holder's right to reimbursement for the cost of opening the box and a lien or contract providing reimbursement to the holder for unpaid rent charges for the box. The attorney general shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the attorney general in selling the property. If a claim is filed for property removed from a safe deposit box before the property is sold, the owner must provide proof that all unpaid rent and fees have been paid to the financial institution.

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Legislative History

As added by P.L.141-2021, SEC.20.

Nearby Sections

15
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Bluebook (online)
Indiana § 32-34-1.5-32, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/32-34-1.5-32.