Sale of equipment
Sec. 2. If the lienholder has not been paid within sixty (60) days
after payment becomes overdue, the lienholder may sell the
equipment at auction if:
(1) the equipment is still in the lienholder's possession; and
(2) the lienholder complies with section 3 of this chapter.
As added by P.L.2-2002, SEC.18.
Last modified: May 24, 2006