If the lienholder has not been paid within sixty (60) days after payment becomes overdue, the lienholder may sell the equipment at auction if:(1) the equipment is still in the lienholder's possession; and(2) the lienholder complies with section 3 of this chapter.[Pre-2002 Recodification Citation: 32-8-36-2.]As added by P.L.2-2002, SEC.18.
Indiana Legal Code