Sec. 3. Upon prior petition of the debtor, any creditor involved in the execution proceedings, or, in the case of a partition action, any party having an interest in the property, the court in its order of execution shall order the property sold by the sheriff through the services of an auctioneer if the court determines that:
(1) a sale is economically feasible; or
(2) all the creditors in the proceedings agree to both that method of sale and the compensation to be paid the auctioneer.
[Pre-1998 Recodification Citation: 34-1-39-1.5(b) part.]
As added by P.L.1-1998, SEC.51. Amended by P.L.94-2014, SEC.8.