Ind. Code § 20-42-2-15

Current through P.L. 171-2024
Section 20-42-2-15 - Receipts for payment of principal or interest on loan

All payments of principal or interest must be paid to the county treasurer. The:

(1) treasurer shall file a receipt with the county auditor; and
(2) auditor shall give the payor a receipt and record the payment.

The county auditor may accept payment of principal or interest if the county auditor can immediately transmit and pay the payment to the county treasurer.

IC 20-42-2-15

Pre-2006 Recodification Citation: 21-1-7-13 part.

As added by P.L. 2-2006, SEC.165.