Sale of horse, mule, or ass if value exceeds $20; proceeds
distribution; receipts
Sec. 10. (a) If a horse, a mule, or an ass that has an appraised
value greater than twenty dollars ($20) remains unclaimed or
unproven twelve (12) months after the date the horse, mule, or ass
was found, the finder shall deliver the horse, mule, or ass to the
sheriff of the proper county on the first day of the term of the circuit
court after the expiration of the twelve (12) month period.
(b) The sheriff shall sell the horse, mule, or ass delivered under
subsection (a) at a public sale.
(c) After retaining one dollar ($1) for the sheriff's services and
paying to the finder the charges as provided by this chapter, the
sheriff shall pay the proceeds of the sale to the treasurer of the
county within five (5) days after the sale.
(d) The sheriff shall receive from the treasurer duplicate receipts
and file one (1) receipt in the clerk's office and the other receipt with
the county auditor.
As added by P.L.2-2002, SEC.19.
Last modified: May 24, 2006