Sec. 11. (a) If timber is branded by the seller or by another person with the seller's consent with the brand of the purchaser or another person or corporation, the title to the timber passes at once to the person or corporation whose brand is placed on the timber.
(b) Placement of a brand on timber as described in subsection (a) does not affect the rights of the contracting parties regarding the payment of the purchase money for the timber.
[Pre-2002 Recodification Citation: 32-9-5-14.]
As added by P.L.2-2002, SEC.19.
Structure Indiana Code
Article 34. Lost or Unclaimed Personal Property
Chapter 9. Drifting Boats and Timber
32-34-9-2. Property Found and Secured; Compensation; Lien; Sale
32-34-9-3. Finder Compensation
32-34-9-4. Additional Compensation; Sawlogs or Other Logs or Trees
32-34-9-5. Hiding Property or Failure to Float Property Upon Demand
32-34-9-6. Brand Adopted by Timber Dealer
32-34-9-7. Brand Adopted by Dealer; Form; Acknowledgment; Posting
32-34-9-8. Brand as Exclusive Trademark
32-34-9-9. Impressing Brand on Timber
32-34-9-10. Contract for Sale of Standing Trees or Standing Timber
32-34-9-11. Branded Timber; Title