2018 Indiana Code
TITLE 32. Property
ARTICLE 29. MORTGAGES
CHAPTER 1. Mortgage of Real Estate
32-29-1-3. Sale of premises

Universal Citation: IN Code § 32-29-1-3 (2018)
IC 32-29-1-3 Sale of premises

     Sec. 3. A mortgage of real estate, including an instrument having the legal effect of a mortgage, may not authorize the mortgagee to sell the mortgaged property. The sale of mortgaged property by the mortgagee may only be made under a judicial proceeding.

[Pre-2002 Recodification Citation: 32-8-11-3.]

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

 

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