Indiana Statutes
§ 34-55-5-5 — Actions on undertakings; damages
Indiana § 34-55-5-5
JurisdictionIndiana
Title 34CIVIL LAW AND PROCEDURE
Art. 55EXECUTION OF JUDGMENTS
Ch. 5Personal Property Taken in Execution of Judgment
This text of Indiana § 34-55-5-5 (Actions on undertakings; damages) 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 § 34-55-5-5 (2026).
Text
The written undertaking is valid in law. An
action may be brought on the written undertaking, whenever the
condition of the written undertaking is broken, and on recovery. The
value of the property so taken, with damages not exceeding ten percent
(10%) on the value, shall be assessed in favor of the plaintiff. However,
the recovery may not exceed the amount due on the execution, and ten
percent (10%) on the principal.
[Pre-1998 Recodification Citation: 34-1-38-5.]
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Legislative History
As added by P.L.1-1998, SEC.51.
Nearby Sections
15
§ 34-10-1-2
Assignment of attorney§ 34-10-1-3
Filing of claim by an offender with three prior actions dismissed as
frivolous; exception§ 34-10-2-1
Application of chapter§ 34-10-2-2
Annulment of order§ 34-11-2-1
Employment related actions§ 34-11-2-10
Enforcement of child support obligations§ 34-11-2-10.5
Employment related action by volunteer firefighter or member of
volunteer emergency medical services association§ 34-11-2-11
Written contract actions§ 34-11-2-11.5
Recovery of certain costs§ 34-11-2-13
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Bluebook (online)
Indiana § 34-55-5-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/34-55-5-5.