Sec. 5. Notwithstanding any other Indiana statute: (1) the lien of a series mortgage expires ten (10) years after the final maturity date of the series mortgage; and (2) an action may not be commenced in an Indiana court to enforce or to foreclose the lien of a series mortgage more than ten (10) years after the final maturity date of the series mortgage. [Pre-2002 Recodification Citation: 32-8-19-2.]
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.