Indiana § 34-6-2.1-51 "Economically feasible"

Indiana Statutes

§ 34-6-2.1-51 — "Economically feasible"

Indiana § 34-6-2.1-51

Title 34CIVIL LAW AND PROCEDURE

Art. 6DEFINITIONS

This text of Indiana § 34-6-2.1-51 ("Economically feasible") 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 § 34-6-2.1-51 (2026).

Text

"Economically feasible", for purposes of IC 34-55-6, means a finding by the court that:

(1)a reasonable probability exists that with the use of auctioneer services a valid and enforceable bid will be made at the execution for a sale price equal to or greater than the amount of the judgment and the costs and expenses necessary to its satisfaction, including the costs of the auctioneer; and

(2)no such probability exists without the use of an auctioneer.

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"Economically feasible", for purposes of IC 34-55-6, means a finding by the court that:
(1) a reasonable probability exists that with the use of auctioneer
services a valid and enforceable bid will be made at the execution
for a sale price equal to or greater than the amount of the
judgment and the costs and expenses necessary to its satisfaction,
including the costs of the auctioneer; and
(2) no such probability exists without the use of an auctioneer.