2016 Indiana Code TITLE 24. TRADE REGULATION ARTICLE 9. HOME LOAN PRACTICES CHAPTER 9. FEES
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IC 24-9-9
Chapter 9. Fees
IC 24-9-9-1
Mortgage recording fee
Sec. 1. The county recorder shall assess a fee of three dollars ($3)
under IC 36-2-7-10(b)(11) for each mortgage recorded. The fee shall
be paid to the county treasurer at the end of each calendar month as
provided in IC 36-2-7-10(a).
As added by P.L.73-2004, SEC.33.
IC 24-9-9-2
County recorder's record perpetuation fund
Sec. 2. The county auditor shall credit fifty cents ($0.50) of the
fee collected under IC 36-2-7-10(b)(11) for each mortgage recorded
to the county recorder's records perpetuation fund established under
IC 36-2-7-10(d).
As added by P.L.73-2004, SEC.33. Amended by P.L.1-2010, SEC.99.
IC 24-9-9-3
Distributions to auditor of state
Sec. 3. On or before June 20 and December 20 of each year, after
completing an audit of the county treasurer's monthly reports
required by IC 36-2-10-16, the county auditor shall distribute to the
auditor of state two dollars and fifty cents ($2.50) of the mortgage
recording fee collected under IC 36-2-7-10(b)(11) for each mortgage
recorded by the county recorder. The auditor of state shall deposit
the money in the state general fund to be distributed as described in
section 4 of this chapter.
As added by P.L.73-2004, SEC.33.
IC 24-9-9-4
Distributions by auditor of state
Sec. 4. On or before June 30 and December 31 of each year the
auditor of state shall distribute one dollar and twenty-five cents
($1.25) of the mortgage recording fee to the state general fund and
one dollar and twenty-five cents ($1.25) of the mortgage recording
fee to the homeowner protection unit account established by
IC 4-6-12-9.
As added by P.L.73-2004, SEC.33. Amended by P.L.246-2005,
SEC.209.
Indiana Code 2016
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