Lien; Duration

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Sec. 18. A lien created under section 11 of this chapter or IC 13-7-8.7-10.7 (before its repeal) continues until the earlier of the following:

(1) The full discharge and satisfaction of the lien.

(2) The expiration of a ten (10) year period from the date of the creation of the lien unless an action to foreclose the lien is pending.

[Pre-1996 Recodification Citation: 13-7-8.7-10.7(h).]

As added by P.L.1-1996, SEC.15.


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