Sec. 2. If on resale of the real estate, or any part of the real estate, the real estate sells for ten percent (10%) more than the amount bid at the previous sale, the court may not confirm the sale but order the real estate resold. If on resale the additional sum is not realized, the person posting the bond is liable for the difference. It is the duty of the receiver, assignee, or trustee to institute and prosecute the suit, which is for the use and benefit of the trust. [Pre-2002 Recodification Citation: 32-12-3-1 part.] IC 32-19 ARTICLE 19. DESCRIBING REAL PROPERTY; INDIANA COORDINATE SYSTEM Ch. 1. Designation of Indiana Coordinate System; Zones Ch. 2. Coordinates; Geodetic Control Monuments Ch. 3. Descriptions of Land Using the Indiana Coordinate System Ch. 4. Repealed IC 32-19-1 Chapter 1. Designation of Indiana Coordinate System; Zones 32-19-1-1 Designation of systems 32-19-1-2 Division of Indiana into east and west zones; counties in each zone 32-19-1-3 Descriptions of systems; locating position of systems 32-19-1-4 Naming and designation of system in land descriptions 32-19-1-5 Tract located in both zones 32-19-1-6 Use of terms; limits on use of system
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