Indiana § 34-55-5-1 Return of property to execution defendant

Indiana Statutes

§ 34-55-5-1 — Return of property to execution defendant

Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 55 EXECUTION OF JUDGMENTS·Ch. 5 Personal Property Taken in Execution of Judgment

(a)Any personal property taken in execution may be returned to the execution defendant by the sheriff, upon the delivery by the defendant to the sheriff of a written undertaking described in subsection (b).

(b)The written undertaking must be:

(1)payable to the execution plaintiff, with sufficient surety to be approved by the sheriff; and

(2)to the effect that the property shall be delivered to the sheriff at a time and place named in the undertaking, to be sold:

(A)according to law; or

(B)for the payment to the sheriff of the fair value of the property. [Pre-1998 Recodification Citation: 34-1-38-1.]

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(a) Any personal property taken in execution
may be returned to the execution defendant by the sheriff, upon the
delivery by the defendant to the sheriff of a written undertaking
described in subsection (b).
(b) The written undertaking must be:
(1) payable to the execution plaintiff, with sufficient surety to be
approved by the sheriff; and
(2) to the effect that the property shall be delivered to the sheriff
at a time and place named in the undertaking, to be sold:
(A) according to law; or
(B) for the payment to the sheriff of the fair value of the
property.
[Pre-1998 Recodification Citation: 34-1-38-1.]

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