Indiana Statutes
§ 34-55-6-21 — Surplus of execution sale; disposition
Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 55 EXECUTION OF JUDGMENTS·Ch. 6 Sale of Property on Execution
When property is sold on execution for more
than will satisfy the execution, including interest and costs, the sheriff
shall pay the overplus to the execution debtor on whom it was levied,
or to the execution debtor's assigns, unless the execution debtor is
notified of the existence of liens to the payment of which the overplus
should be applied. In that event, the execution debtor shall return the
money, which is to be disposed of as the court directs.
[Pre-1998 Recodification Citation: 34-1-39-17.]
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Legislative History
As added by P.L.1-1998, SEC.51.
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