(b) IC 32-34-1.5 does not apply to an overpayment described in subsection (d).(c) As used in this section, 'payor' refers to the owner, lessee, or user of property served by the sewage works who has paid for service from the sewage works.(d) An overpayment of sewer fees that remains unclaimed by a payor for more than seven (7) years after the termination of the service for which the overpayment was made becomes the property of the municipality.As added by P.L.40-1996, SEC.12. Amended by P.L.2-2002, SEC.124; P.L.141-2021, SEC.25.
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