Sec. 3. It shall be the duty of the holder of any mortgage on household goods, or the agent of such holder or mortgagee whose duty it is to receive money on such mortgage, when any money, check or anything taken in payment on such mortgage or interest due thereon, is received by them from the mortgagor or from any person acting for the mortgagor, to give to the mortgagor or person making the payment a receipt specifying the amount paid and stating the unpaid balance, if any. However, no receipt is required where payment is made by check. If any such holder or mortgagee or the agent of such holder or mortgagee whose duty it is to receive such payments, shall fail to execute and deliver such receipt to the mortgagor, such mortgage shall be void. Formerly: Acts 1897, c.176, s.3; Acts 1957, c.188, s.1; Acts 1973, P.L.267, SEC.1. As amended by Acts 1977, P.L.279, SEC.1. IC 26-2-3 Chapter 3. Negotiable Instruments 26-2-3-1 Negotiability by endorsement 26-2-3-2 Assignee's right of action 26-2-3-3 Availability of defense or set-off against assignee 26-2-3-4 Assignee's right of action against endorsers; defenses 26-2-3-5 Construction of law 26-2-3-6 Negotiability of notes payable to order or bearer in a bank 26-2-3-7 Damages payable on protest for nonpayment or nonacceptance of bill of exchange 26-2-3-8 Interest on protested bill of exchange 26-2-3-9 Rate of exchange 26-2-3-10 Limitation of damages against drawer or endorser of protested bill of exchange 26-2-3-11 Necessity of consideration 26-2-3-12 Bill payable out of state; effect of provision of means for discharge within state 26-2-3-13 Exclusion of notes discounted by bank 26-2-3-14 Judgment and execution
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