CHAPTER 19. DUTY TO SATISFY RECORD
IC 32-33-19
Chapter 19. Duty to Satisfy Record
IC 32-33-19-1
Release, discharge, and satisfaction
Sec. 1. Unless otherwise provided in this article, if the debt or
obligation, including interest on the debt or obligation, that a lien on
personal property secures has been fully paid, lawfully tendered, and
discharged, the owner, holder, or custodian of the mortgage shall:
(1) release;
(2) discharge; and
(3) satisfy of record;
the mortgage as provided in IC 32-28-1.
As added by P.L.2-2002, SEC.18. Amended by P.L.1-2003, SEC.87.