Sec. 20. The court's approval of a receiver's partial account or report, as provided in section 14 of this chapter, releases and discharges the receiver and the surety on the receiver's bond for all matters and things related to or contained in the partial account or report.
Ind. Code § 32-30-5-20
Court approval of partial report; release of surety
Applied in 1 court decision — leading case Luxury Townhomes, LLC/LP XXIV, LLC v. McKinley Properties, Inc. and Kenneth Polsinelli (2013)
Most recently applied in Luxury Townhomes, LLC/LP XXIV, LLC v. McKinley Properties, Inc. and Kenneth Polsinelli (August 2013)
As added by P.L.2-2002, SEC.15.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.