Public sale by consolidated city, second class city, or county; notice
Sec. 23. (a) This section applies to a consolidated city, second
class city, or county.
(b) Except as provided in subsection (c), if the person who owns
or holds a lien upon a vehicle does not appear within twenty (20)
days after the mailing of a notice under section 20 of this chapter, the
unit may sell the vehicle or parts by either of the following methods:
(1) The unit may sell the vehicle or parts to the highest bidder
at a public sale. Notice of the sale shall be given under IC 5-3-1,
except that only one (1) newspaper insertion one (1) week
before the public sale is required.
(2) The unit may sell the vehicle or part as unclaimed property
under IC 36-1-11. The twenty (20) day period for the property
to remain unclaimed is sufficient for a sale under this
subdivision.
(c) This subsection applies to a consolidated city or county
containing a consolidated city. If the person who owns or holds a lien
upon a vehicle does not appear within fifteen (15) days after the
mailing of a notice under section 20 of this chapter, the unit may sell
the vehicle or parts by either of the following methods:
(1) The unit may sell the vehicle or parts to the highest bidder
at a public sale. Notice of the sale shall be given under IC 5-3-1,
except that only one (1) newspaper insertion one (1) week
before the public sale is required.
(2) The unit may sell the vehicle or part as unclaimed property
under IC 36-1-11. The fifteen (15) day period for the property
to remain unclaimed is sufficient for a sale under this
subdivision.
As added by P.L.2-1991, SEC.10. Amended by P.L.92-1997, SEC.6.
Last modified: May 27, 2006