Sec. 8. If the proceeds of the sale of the property subject to a lien are insufficient to pay all the claimants, the court shall order the claimants to be paid in proportion to the amount due each claimant.
Ind. Code § 32-28-3-8
Insufficient proceeds of sale
Applied in 1 court decision — leading case Gill v. Pollert (2004)
Most recently applied in Gill v. Pollert (June 2004)
As added by P.L.2-2002, SEC.13.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.