Section 32-29-4-1 - Lack of evidence of indebtedness If the mortgage records of a county in Indiana indicate that a mortgage has been executed to the state and:
(1) there is no evidence of indebtedness secured by the mortgage in the possession of the treasurer of state or state comptroller; and(2) there is no evidence in the office of the state comptroller or treasurer of state that a loan secured by the mortgage was made; the state comptroller may release and discharge the mortgage of record.
Pre-2002 Recodification Citation: 32-8-14-1.
Amended by P.L. 9-2024,SEC. 499, eff. 7/1/2024.As added by P.L. 2-2002, SEC.14.