Indiana § 8-1-5-1 - Lien of mortgage

§ 8-1-5-1. Lien of mortgage

Sec. 1. (a) Notwithstanding any other statute or rule of law of the state, any mortgage executed and recorded by a public utility, as defined in IC 8-1-2-1, or by any corporation or other business entity engaged in the railroad business or the transmission of oil, gas, or petroleum products by pipeline, in the manner provided for the execution and recording of mortgages upon real estate:

(1) may include all or any part of the property of the mortgagor, real, personal, or mixed, chattels real and fixtures; and

(2) shall, upon its recordation, constitute a valid and perfected lien upon all and every part of the property of the mortgagor described in the mortgage and situated in any county in this state where the mortgage is or shall be recorded in the manner provided for recording real estate mortgages. Neither the mortgage nor any statement respecting the mortgage or any of the property described in the mortgage need be otherwise filed or refiled in order to perfect or continue perfection of the lien created by the mortgage.

(b) The term "mortgage", as used in this chapter, includes deeds of trust and any and all documents creating an interest in property to secure the payment of bonds, notes, debentures, and like securities, and any instrument executed to supplement any mortgage.

(c) If it is executed and recorded as provided in this section and by its terms covers some or all of the after-acquired property of the mortgagor, the mortgage constitutes a valid and perfected lien upon the interest of the mortgagor in the after-acquired property from the date the mortgagor acquires an interest in the property.

(d) Notwithstanding the date of the mortgage's execution or recordation, if collateral covered by IC 26-1-9.1 was or is perfected in compliance with the recordation requirements contained in this section, the recordation was or is equivalent to the highest form of filing or perfection under IC 26-1-9.1.

Formerly: Acts 1965, c.9, s.1. As amended by P.L.59-1984, SEC.52; P.L.93-1985, SEC.1; P.L.120-1987, SEC.1; P.L.57-2000, SEC.3.

IC 8-1-5.5Chapter 5.5. Drinking Water Quality Tests

8-1-5.5-1Transfer of authority to supply piped drinking water to person other than city or town; time of test; rules 8-1-5.5-2Minimum quality of water 8-1-5.5-3Maintenance of quality 8-1-5.5-4Violations

IC 8-1-5.5-1Transfer of authority to supply piped drinking water to person other than city or town; time of test; rules Sec. 1. Within thirty (30) days before the date that the authority to supply piped drinking water is transferred from a city or town to a person other than a city or town, the Indiana department of health shall conduct a test to determine the quality of the drinking water supplied by the city or town. The Indiana department of health shall adopt rules under IC 4-22-2 concerning the test that is required under this section.

As added by Acts 1981, P.L.105, SEC.1. Amended by P.L.2-1992, SEC.79; P.L.56-2023, SEC.51.

IC 8-1-5.5-2Minimum quality of water Sec. 2. After August 31, 1981, if the authority to supply piped drinking water is transferred from a city or town to a person other than a city or town, the piped drinking water must, at the time of transfer, be at least equal in quality to the water tested under section 1 of this chapter which was supplied by the city or town. A person shall comply with this section within ten (10) days of the date on which it is found by the Indiana department of health that the person supplies drinking water that does not comply with this section.

As added by Acts 1981, P.L.105, SEC.1. Amended by P.L.2-1992, SEC.80; P.L.56-2023, SEC.52.

IC 8-1-5.5-3Maintenance of quality Sec. 3. A person, other than a city or town, to whom the authority to supply piped drinking water is transferred from a city or town, shall maintain, to the extent practicable and reasonable, the quality of water required at the time of transfer of such authority, under section 2 of this chapter.

As added by Acts 1981, P.L.105, SEC.1.

IC 8-1-5.5-4Violations Sec. 4. A person who supplies drinking water that does not comply with section 2 of this chapter commits a Class B infraction for each day he is in violation.

As added by Acts 1981, P.L.105, SEC.1.

IC 8-1-6Chapter 6. Public Utility Fees

8-1-6-1Public policy; computation; disposition 8-1-6-2Disposition of fees 8-1-6-3"Public utility" and "gross revenue" defined 8-1-6-4Imposition 8-1-6-5Report of annual gross revenue 8-1-6-6Audit of returns 8-1-6-7Payments subject to allotment system 8-1-6-8Delinquent fees; penalty 8-1-6-9Deposit with treasurer of state