Sec. 5. (a) In an action brought under this chapter, all persons whose liens are recorded under section 2 of this chapter may be made parties to the action. Issues shall be made up and trials had as in other cases.
(b) The court may, when several actions are pending by different claimants to enforce liens under this chapter, order that the cases be consolidated. If the proceeds of the sale of the corporation's property or the corporation's earnings are insufficient to pay and satisfy the claimants in full, the court shall order the claimants to be paid in proportion to the amount due each, and the sale shall be made without prejudice to the rights of any prior encumbrances, owner, or other persons not parties to the action.
[Pre-2002 Recodification Citation: 32-8-24-4.]
As added by P.L.2-2002, SEC.13.
Structure Indiana Code
Article 28. Liens on Real Property
Chapter 12. Corporate Employees' Liens
32-28-12-0.2. Application of Certain Amendments to Prior Law
32-28-12-1. Work and Labor; Priority
32-28-12-2. Recording Lien; Priority
32-28-12-3. Real Estate Sale Commission Claims; Filing Notice; Priority
32-28-12-4. Complaint to Enforce Lien
32-28-12-5. Parties; Consolidation of Actions; Insufficient Proceeds of Sale
32-28-12-6. Undertaking of Defendant
32-28-12-7. Enforcement of Mechanic's Liens; Application of Law