Insufficient Proceeds of Sale

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Sec. 8. If the proceeds of the sale of the property subject to a lien are insufficient to pay all the claimants, the court shall order the claimants to be paid in proportion to the amount due each claimant.

[Pre-2002 Recodification Citation: 32-8-3-8.]

As added by P.L.2-2002, SEC.13.


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