Indiana § 23-4-3-2 - Inventory and appraisal

Full text of Indiana Indiana Code § 23-4-3-2 — Inventory and appraisal, with citation guidance and answers to common questions.

§ 23-4-3-2. Inventory and appraisal

Sec. 2. Such surviving partner or partners, within sixty (60) days after such death, shall proceed to make a full, true, and complete inventory of the estate, goods, chattels, rights, credits, moneys, and effects within the knowledge of the partner or partners, and shall cause the same to be appraised by:

(1) one (1) disinterested freeholder of the county; and

(2) one (1) disinterested appraiser licensed under IC 25-34.1;

who are residents of Indiana, one (1) of whom shall be selected by the surviving partner or partners and the other by the clerk of the court having probate jurisdiction, making a full and complete schedule thereof; which said schedule and appraisement shall be sworn to by said appraisers before the clerk of such court, specifying that the property described in said schedule is appraised at its true cash value; which schedule shall, by said appraisers, be filed in the office of the clerk of the court having probate jurisdiction, immediately after the completion thereof.

Formerly: Acts 1877, c.86, s.2. As amended by P.L.113-2006, SEC.17.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 23-4-3-2

What does Indiana Code § 23-4-3-2 cover?

Section 23-4-3-2 ("Inventory and appraisal") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 23-4-3-2?

A common citation format is "Indiana Code § 23-4-3-2" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 23-4-3-2 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.