10 IAC 1.5-4-7 - Receivership or bankruptcy; trustee as claimant

Authority: IC 32-34-1-52

Affected: IC 32-34-1-15

Sec. 7.

(a) When a person, as defined in IC 32-34-1-15 [IC 32-34-1 was repealed by P.L. 141-2021, SECTION 19, effective July 1, 2021.], is in receivership or in bankruptcy, the receiver or trustee in bankruptcy is the proper claimant upon the presentment of certified copies of the entry of appointment.

(b) Payment will not be made to the owner after due notice has been received by the attorney general from the receiver, the trustee in bankruptcy, or the court in which execution has been levied.

Notes

10 IAC 1.5-4-7

Office of Attorney General for the State; 10 IAC 1.5-4-7; filed Jul 1, 1997, 4:15 p.m.: 20 IR 3002; errata filed Apr 17, 2003, 3:30 p.m.: 26 IR 3046; readopted filed Aug 14, 2003, 1:15 p.m.: 27 IR 946; readopted filed Oct 6, 2009, 9:03 a.m.: 20091104-IR-010090575RFA Readopted filed 10/26/2015, 1:48 p.m.: 20151125-IR-010150149RFA Readopted filed 11/10/2021, 4:13 p.m.: 20211208-IR-010210426RFA