CHAPTER 4. RELEASE BY STATE - Indiana Statutes

IC 32-29-4
     Chapter 4. Release by State

IC 32-29-4-1
Lack of evidence of indebtedness
     Sec. 1. If the mortgage records of a county in Indiana indicate that a mortgage has been executed to the state and:
        (1) there is no evidence of indebtedness secured by the mortgage in the possession of the treasurer of state or auditor of state; and
        (2) there is no evidence in the office of the auditor of state or treasurer of state that a loan secured by the mortgage was made;
the auditor of state may release and discharge the mortgage of record.
As added by P.L.2-2002, SEC.14.