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§ 32-29-10-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 32 - Property/
  5. Article 29 - Mortgages/
  6. Chapter 10 - Ten Year Expiration on Lien of A Series Mortgage32-29-10-1. "Series Mortgage"/
  7. § 32-29-10-5
Indiana Legal Code

§ 32-29-10-5

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Notwithstanding any other Indiana statute:(1) the lien of a series mortgage expires ten (10) years after the final maturity date of the series mortgage; and(2) an action may not be commenced in an Indiana court to enforce or to foreclose the lien of a series mortgage more than ten (10) years after the final maturity date of the series mortgage.[Pre-2002 Recodification Citation: 32-8-19-2.]As added by P.L.2-2002, SEC.14.