Ind. Code § 34-6-2-35

Current through P.L. 171-2024

Section 34-6-2-35 - "Economically feasible"

"Economically feasible", for purposes of IC 34-55-6, means a finding by the court that:

(1) a reasonable probability exists that with the use of auctioneer services a valid and enforceable bid will be made at the execution for a sale price equal to or greater than the amount of the judgment and the costs and expenses necessary to its satisfaction, including the costs of the auctioneer; and

(2) no such probability exists without the use of an auctioneer.

IC 34-6-2-35

Pre-1998 Recodification Citation: 34-1-39-1.5(b) part.

As added by P.L. 1-1998, SEC.1.