Proceeds of sale; disposition
Sec. 3. The proceeds of a sale under section 2 of this chapter, after
payment of all lien charges, together with the expenses of notice and
sale, shall, if the owner is absent from the sale, be deposited with the
county treasurer of the county in which the sale occurred. A receipt
shall be issued for the proceeds. The proceeds are subject to the
order of the person legally entitled to the proceeds.
As added by P.L.2-2002, SEC.18.
Last modified: May 24, 2006