Indiana § 32-33-14-2 - Sale of property; notice

§ 32-33-14-2. Sale of property; notice

Sec. 2. (a) If goods, wares, or merchandise have remained in the possession of a person, firm, limited liability company, or corporation described in section 1 of this chapter for a period of at least six (6) months without the payment of the charges due, the goods, wares, or merchandise, or as much of the goods, wares, or merchandise as is necessary, may be sold at public auction to pay the amount of the lien and the expenses of the sale.

(b) Before a sale under subsection (a), the person, firm, limited liability company, or corporation described in section 1 of this chapter must give public notice of the time and place of the sale by advertisements set up for a period of ten (10) days in three (3) public places in the city or township in which the goods, wares, or merchandise are located. One (1) of the advertisements must be:

(1) displayed in a conspicuous part of the place of business of the person, firm, limited liability company, or corporation; or

(2) if the value of the article or articles is at least ten dollars ($10), published for three (3) weeks successively in a newspaper published in the county or city in which the goods are located.

(c) The notice given under subsection (b) must:

(1) state the time, place, and date of sale;

(2) give a general description of the goods to be sold; and

(3) state the name of the person to whom a receipt for the goods was issued.

[Pre-2002 Recodification Citation: 32-8-35-2.]

As added by P.L.2-2002, SEC.18.