Disposition of foreclosure proceeds contrary to chapter

Ind. Code § 36-9-36-61
in effect
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Sec. 61. (a) A person who disposes of the proceeds of foreclosure litigation in a way other than as provided by this chapter is considered to be a receiver for those entitled to the proceeds. (b) In such instances the statute of limitations does not apply. As added by P.L.98-1993, SEC.7.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026

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