Indiana Statutes

§ 32-34-10-8 — Excess funds after sale of watercraft

Indiana·Title 32 PROPERTY·Art. 34 LOST OR UNCLAIMED PERSONAL PROPERTY·Ch. 10 Sale of Abandoned Watercraft

If a boat is sold under this chapter for an amount of money that is greater than the charges owed to the marina operator plus all reasonable expenses of sale, the marina operator shall pay the excess in the following order:

(1)For the satisfaction of obligations held by secured parties with respect to the watercraft, in the order in which security interests in the watercraft were perfected.
(2)To the owner of the watercraft. [Pre-2002 Recodification Citation: 32-8-40-8.]

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Indiana § 32-34-10-8 (Excess funds after sale of watercraft) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.2-2002, SEC.19.

Nearby Sections

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