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2017 Indiana Code
TITLE 32. Property
ARTICLE 34. LOST OR UNCLAIMED PERSONAL PROPERTY
CHAPTER 3. Unclaimed Money in Possession of a Court Clerk
32-34-3-4. Unclaimed money; limitations on claiming money
Universal Citation: IN Code § 32-34-3-4 (2017)
IC 32-34-3-4 Unclaimed money; limitations on claiming money
Sec. 4. (a) If a sum of money remains in the abandoned property fund for at least five (5) years after the date the money is deposited in the fund under section 2(d) of this chapter without any order directing the return of the money:
(1) title to the sum vests in and escheats to the state; and
(2) the sum shall be deposited in the state general fund.
(b) Any claimant who does not file an application with the court within five (5) years after the sum is deposited in the unclaimed funds account is barred from asserting a claim.
[Pre-2002 Recodification Citation: 32-9-8-4.]
As added by P.L.2-2002, SEC.19. Amended by P.L.246-2005, SEC.218.
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