Sec. 35. If more than one (1) person shall claim the right to redeem a pledge, the pawnbroker shall incur no liability for refusing to deliver the pledge until the respective rights of the claimants shall have been adjudicated. If no action be brought against the pawnbroker by either party within the period for which the pawnbroker is required under section 30 of this chapter to hold the pledge, or within one (1) month after notice of an adverse claim, the pawnbroker may proceed to sell the pledge subject to adjudication of the parties' rights.
Ind. Code § 28-7-5-35
Conflicting claims; sale of pledge subject to adjudication
Known as the Pawnbroking Law
The act spans §§ 28-7-5-1 to 28-7-5-9.1 (52 sections).
Formerly: Acts 1935, c.195, s.34
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.