Indiana § 32-34-1.5-50 Delivery of property to owner; payment of enforceable debt

Indiana Statutes

§ 32-34-1.5-50 — Delivery of property to owner; payment of enforceable debt

Indiana § 32-34-1.5-50

Title 32PROPERTY

Art. 34LOST OR UNCLAIMED PERSONAL PROPERTY

Ch. 1.5Revised Unclaimed Property Act

This text of Indiana § 32-34-1.5-50 (Delivery of property to owner; payment of enforceable debt) 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 § 32-34-1.5-50 (2026).

Text

(a)Not later than thirty (30) days after a claim is allowed under section 49(b) of this chapter, the attorney general shall pay or deliver to the owner the property or pay to the owner the net proceeds of a sale of the property, together with income or gain to which the owner is entitled under section 33 of this chapter.

(b)Property held under this chapter by the attorney general is subject to a claim for the payment of an enforceable debt the owner owes in this state for:

(1)child support arrearages, including child support collection costs and child support arrearages that are combined with maintenance;

(2)a civil or criminal fine or penalty, court costs, surcharge, or restitution imposed by a final order of an administrative agency or a final court judgment; or

(3)state or local ta

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(a) Not later than thirty (30) days after a
claim is allowed under section 49(b) of this chapter, the attorney
general shall pay or deliver to the owner the property or pay to the
owner the net proceeds of a sale of the property, together with income
or gain to which the owner is entitled under section 33 of this chapter.
(b) Property held under this chapter by the attorney general is
subject to a claim for the payment of an enforceable debt the owner
owes in this state for:
(1) child support arrearages, including child support collection
costs and child support arrearages that are combined with
maintenance;
(2) a civil or criminal fine or penalty, court costs, surcharge, or
restitution imposed by a final order of an administrative agency
or a final court judgment; or
(3) state or local taxes, penalties, and interest that have been
determined to be delinquent or as to which notice has been
recorded with the local taxing authority.
(c) Before delivery or payment to an owner under subsection (a) of
property or payment to the owner of net proceeds of a sale of the
property, the attorney general first shall apply the property or net
proceeds to a debt under subsection (b) the attorney general determines
is owed by the owner. The attorney general shall pay the amount to the
appropriate state or local agency.
(d) The attorney general may make periodic inquiries of state and
local agencies in the absence of a claim filed under section 48 of this
chapter to determine whether an apparent owner included in the
unclaimed property records of this state has enforceable debts
described in subsection (b). The attorney general first shall apply the
property or net proceeds of a sale of property held by the attorney
general to a debt under subsection (b) of an apparent owner which
appears in the records of the attorney general and deliver the amount
to the appropriate state or local agency.