Indiana § 32-29-4-1 - Lack of evidence of indebtedness
Full text of Indiana Indiana Code § 32-29-4-1 — Lack of evidence of indebtedness, with citation guidance and answers to common questions.
§ 32-29-4-1. Lack of evidence of indebtedness
Sec. 1. If the mortgage records of a county in Indiana indicate that a mortgage has been executed to the state and:
(1) there is no evidence of indebtedness secured by the mortgage in the possession of the treasurer of state or state comptroller; and
(2) there is no evidence in the office of the state comptroller or treasurer of state that a loan secured by the mortgage was made;
the state comptroller may release and discharge the mortgage of record.
[Pre-2002 Recodification Citation: 32-8-14-1.]
As added by P.L.2-2002, SEC.14. Amended by P.L.9-2024, SEC.499.
IC 32-29-5Chapter 5. Release by Financial Institutions or Corporations
32-29-5-1Discharge and satisfaction of liens; requisites; recording
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 32-29-4-1
What does Indiana Code § 32-29-4-1 cover?
Section 32-29-4-1 ("Lack of evidence of indebtedness") 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 § 32-29-4-1?
A common citation format is "Indiana Code § 32-29-4-1" (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 § 32-29-4-1 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.