Go to previous versions
of
this Section
2023 Indiana Code
Title 34. Civil Law and Procedure
Article 6. Definitions
Chapter 2. Definitions
34-6-2-35. "Economically Feasible"
Universal Citation: IN Code § 34-6-2-35 (2023)
Sec. 35. "Economically feasible", for purposes of IC 34-55-6, means a finding by the court that:
(1) a reasonable probability exists that with the use of auctioneer services a valid and enforceable bid will be made at the execution for a sale price equal to or greater than the amount of the judgment and the costs and expenses necessary to its satisfaction, including the costs of the auctioneer; and
(2) no such probability exists without the use of an auctioneer.
[Pre-1998 Recodification Citation: 34-1-39-1.5(b) part.]
As added by P.L.1-1998, SEC.1.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
