Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 32-18-1-14 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 32 - Property/
  5. Article 18 - Interests of Creditors in Property/
  6. Chapter 1 - Assignment of Real and Personal Property for the Benefit of Creditors32-18-1-1. Assignment of All Debtor's Property in Trust for Creditors; Fraudulent and Void Assignments; Trustees/
  7. § 32-18-1-14
Indiana Legal Code

§ 32-18-1-14

Ask AI about this
If the court confirms the report made as provided under section 11 of this chapter and if no contested claims are standing on the docket as provided under section 12 of this chapter, the court shall order the trustee to pay all money in the trustee's hands to the clerk of the court. The clerk, after deducting the costs incident to the execution of the trust, including an allowance to the trustee as the court considers just, shall:(1) distribute the money among the creditors according to this chapter; and(2) take receipts from each creditor.[Pre-2002 Recodification Citation: 32-12-1-14.]As added by P.L.2-2002, SEC.3.