Ind. Code § 32-29-10-5

Current through P.L. 171-2024

Section 32-29-10-5 - Expiration of lien; limitation of actions

Notwithstanding any other Indiana statute:

(1) the lien of a series mortgage expires ten (10) years after the final maturity date of the series mortgage; and

(2) an action may not be commenced in an Indiana court to enforce or to foreclose the lien of a series mortgage more than ten (10) years after the final maturity date of the series mortgage.

IC 32-29-10-5

Pre-2002 Recodification Citation: 32-8-19-2.

As added by P.L. 2-2002, SEC.14.