Lack of evidence of indebtedness
Sec. 1. If the mortgage records of a county in Indiana indicate that
a mortgage has been executed to the state and:
(1) there is no evidence of indebtedness secured by the
mortgage in the possession of the treasurer of state or auditor of
state; and
(2) there is no evidence in the office of the auditor of state or
treasurer of state that a loan secured by the mortgage was made;
the auditor of state may release and discharge the mortgage of record.
As added by P.L.2-2002, SEC.14.
Last modified: May 24, 2006