Sec. 5. If the finder of any property described in this chapter:
(1) hides the property;
(2) allows the property to get aground so that the finder cannot immediately, upon the demand of the property's owner or the owner's agents, put the property afloat; or
(3) fails to put the property afloat upon demand;
the finder may not collect or receive any compensation for finding or caring for the property and, in addition to any other duties imposed by this chapter, is responsible to the owner for the value of the property as if the property were afloat.
[Pre-2002 Recodification Citation: 32-9-5-4.]
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