Sec. 7. If the sale is for a sum greater than the amount of the lien plus all reasonable expenses of the sale, any excess shall be paid to the customer and any prior lienholder.
[Pre-2002 Recodification Citation: 32-8-37-6.]
As added by P.L.2-2002, SEC.18.
Structure Indiana Code
Article 33. Liens on Personal Property
Chapter 16. Liens on Dies, Molds, Forms, and Patterns
32-33-16-1. "Customer" Defined
32-33-16-2. "Fabricator" Defined
32-33-16-3. Lien; Right to Possession
32-33-16-4. Notice to Enforce Lien
32-33-16-5. Sale of Die, Mold, Form, Jig, or Pattern at Auction
32-33-16-6. Notice to Customer and Persons Having Perfected Security Interests
32-33-16-7. Disbursement of Excess
32-33-16-8. Sales in Violation of Federal Patent or Copyright Law Prohibited