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2024 Indiana Code
Title 32. Property
Article 34. Lost or Unclaimed Personal Property
Chapter 10. Sale of Abandoned Watercraft
32-34-10-8. Excess Funds After Sale of Watercraft
Universal Citation:
IN Code § 32-34-10-8 (2024)
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Sec. 8. If a boat is sold under this chapter for an amount of money that is greater than the charges owed to the marina operator plus all reasonable expenses of sale, the marina operator shall pay the excess in the following order:
(1) For the satisfaction of obligations held by secured parties with respect to the watercraft, in the order in which security interests in the watercraft were perfected.
(2) To the owner of the watercraft.
[Pre-2002 Recodification Citation: 32-8-40-8.]
As added by P.L.2-2002, SEC.19.
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