2006 Indiana Code - CHAPTER 19. DUTY TO SATISFY RECORD

IC 32-33-19
     Chapter 19. Duty to Satisfy Record

IC 32-33-19-1
Release, discharge, and satisfaction
     Sec. 1. Unless otherwise provided in this article, if the debt or obligation, including interest on the debt or obligation, that a lien on personal property secures has been fully paid, lawfully tendered, and discharged, the owner, holder, or custodian of the mortgage shall:
        (1) release;
        (2) discharge; and
        (3) satisfy of record;
the mortgage as provided in IC 32-28-1.
As added by P.L.2-2002, SEC.18. Amended by P.L.1-2003, SEC.87.