Duty to release and record the satisfaction of discharged obligation
Sec. 1. Unless otherwise provided in this article, if the debt or
obligation, and the interest on the debt or obligation, that a mortgage
secures has been fully paid, lawfully tendered, and discharged, the
owner, holder, or custodian of the mortgage shall:
(1) release;
(2) discharge; and
(3) satisfy of record;
the mortgage as provided in IC 32-28-1.
As added by P.L.2-2002, SEC.14.
Last modified: May 24, 2006