CHAPTER 6. SATISFACTION OF JUDGMENTS
IC 34-54-6
Chapter 6. Satisfaction of Judgments
IC 34-54-6-1
Satisfaction or release of judgments; recording
Sec. 1. (a) This section applies to every endorsement of payment,satisfaction, or release, in whole or in part, that is noted:
(1) on the record or margin of any judgment or decree; or
(2) on an execution or order of sale issued on a judgment andsigned by the:
(A) judgment plaintiff;
(B) judgment plaintiff's attorney of record or attorney in fact;or
(C) assignee of the judgment plaintiff (whose assignment isnoted on or annexed to the record of the judgment or decreeand attested by the clerk);
(3) on the record of the judgment or decree; or
(4) by the sheriff upon the execution or order of sale.
(b) An endorsement of payment, satisfaction, or release describedin subsection (a) operates as a satisfaction or release of the judgmentor decree, or of the part of the judgment or decree so endorsed aspaid, satisfied, or released, in favor of subsequent purchasers orlienholders in good faith.
(c) When the satisfaction, payment, or release is entered by anattorney in fact, that fact shall be noted on the margin of the recordor the execution.
(d) The power of attorney described in subsection (c) shall berecorded in the miscellaneous records of the recorder's office.
As added by P.L.1-1998, SEC.50.
IC 34-54-6-2
Judgments recovered on bond; relief from valuation orappraisement laws
Sec. 2. All judgments recovered upon bonds, writtenundertakings, or recognizances executed in any legal proceeding,civil or criminal, are collectible without relief from valuation orappraisements laws of the state of Indiana.
As added by P.L.1-1998, SEC.50.