Indiana Code
Chapter 37. Barrett Law Funding for Municipalities
36-9-37-19. Notice of Default on Installment Payments

Sec. 19. (a) If a person defaults in the payment of a waivered installment of principal or interest of an assessment, the municipal fiscal officer shall mail notice of the default to the person. The notice must meet the following conditions:
(1) Be mailed not more than sixty (60) days after the default.
(2) Show the amount of the default, plus interest on that amount for the number of months the person is in default at one-half (1/2) the rate prescribed by IC 6-1.1-37-9(b).
(3) State that the amount of the default, plus interest, is due by the date determined as follows:
(A) If the person selected monthly installments under section 8.5(a)(2) of this chapter, within sixty (60) days after the date the notice is mailed.
(B) If the person selected annual installments under section 8.5(a)(1) of this chapter, within six (6) months after the date the notice is mailed.
(b) A notice that is mailed to the person in whose name the property is assessed and addressed to the person within the municipality is sufficient notice. However, the fiscal officer shall also attempt to determine the name and address of the current owner of the property and send a similar notice to the current owner.
(c) Failure to send the notice required by this section does not preclude or otherwise affect the following:
(1) The sale of the property for delinquency as prescribed by IC 6-1.1-24.
(2) The foreclosure of the assessment lien by the bondholder.
(3) The preservation of the assessment lien under section 22.5 of this chapter.
As added by P.L.98-1993, SEC.8. Amended by P.L.172-1994, SEC.2; P.L.45-2004, SEC.2; P.L.67-2006, SEC.16; P.L.113-2010, SEC.156.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 9. Transportation and Public Works

Chapter 37. Barrett Law Funding for Municipalities

36-9-37-1. Application of Chapter

36-9-37-2. Repealed

36-9-37-3. Municipalities Owning and Operating Water Utilities; Water Main Extensions

36-9-37-4. Prerequisites for Enforcement and Collection of Special Assessments

36-9-37-5. Assumption by Municipality of Responsibility for Payment of Bonds

36-9-37-6. Responsibility for Payment of Bonds; Election to Pay Assessment in Installments; Collection

36-9-37-7. Municipal Fiscal Officers; Surety Bonds; Personal Liability

36-9-37-8. Payment of Expenses

36-9-37-8.5. Assessments; Installment Payments

36-9-37-9. Certification of Assessment Roll; Liens

36-9-37-10. Liability of Municipalities for Assessments for Public Improvements

36-9-37-11. Assessment Installments; Interest

36-9-37-12. Payment of Assessment in Deferred Installments; Time for Making Payments

36-9-37-13. Payment of Assessment in Installments; Proceeds; Special Fund

36-9-37-14. Prepayment of Assessment Installments

36-9-37-15. Prepaid Assessments; Proceeds; Special Fund; Investment; Redemption of Outstanding Bonds

36-9-37-16. Negligent Investment of Special Fund Money; Liability of Municipality

36-9-37-17. Special Fund Created Under Ic 36-9-37-15; Warrants for Disbursements

36-9-37-18. Notice; Payments to Bond Owner; Proceeds Collectable by Fiscal Officer

36-9-37-19. Notice of Default on Installment Payments

36-9-37-20. Collection of Delinquent Assessments; Interest Penalties

36-9-37-21. Interest Penalty Collections; Surplus Barrett Law Account; Use of Funds

36-9-37-22. Default on Single Installment

36-9-37-22.5. Preservation of Assessment in Default as a Lien

36-9-37-23. Certification of Delinquent Assessments

36-9-37-24. Delinquent Assessments; Sale of Property

36-9-37-25. Procedures to Avoid a Foreclosure Action

36-9-37-26. Disposition of Property Acquired by Foreclosure or Conveyance; Procedure

36-9-37-27. Disposition of Property Held by Bank or Trust Company

36-9-37-28. Bonds; Contents; Issuance; Denominations

36-9-37-29. Bonds; Series; Redemption; Time for Payment; Computation of Interest; Actions Challenging Validity

36-9-37-30. Payment of Bonds at Maturity

36-9-37-31. Bonds; Presentation for Payment; Receipts

36-9-37-32. Schedule of Amounts Paid on Bonds

36-9-37-33. Matured Bonds; Notice to Holder of Money Available for Payment

36-9-37-34. Bonds; Tax Exemption

36-9-37-35. Bonds; Insufficient Funds for Payment; Issuance of Certificates of Indebtedness

36-9-37-36. Bonds; Certificates of Indebtedness; Payment

36-9-37-37. Refunding Bonds

36-9-37-38. Overpayment of Special Assessments; Refunds

36-9-37-39. Overpayments; Annual Statement; Notice; Disposition

36-9-37-40. Money Collected as Special Assessments; Disposition After Five Years

36-9-37-41. Money Deposited in General Fund; Claims

36-9-37-42. Transfer of Unclaimed Money to Surplus Barrett Law Account

36-9-37-43. Unpaid Warrants or Checks; Cancellation

36-9-37-44. Prepaid Interest; Reimbursement

36-9-37-45. Municipalities No Longer Using Barrett Law; Transfer of Surplus Money

36-9-37-46. Barrett Law Revolving Improvement Fund