Ind. Code § 22-9.5-6-16

Current through P.L. 171-2024

Section 22-9.5-6-16 - Effect of order on prior transactions

A commission order under section 15 of this chapter does not affect a contract, a sale, an encumbrance, or a lease that:

(1) was consummated before the commission issued the order; and

(2) involved a bona fide purchaser, an encumbrancer, or a tenant who did not have actual notice of the finding of reasonable cause filed under this article.

IC 22-9.5-6-16

As added by P.L. 66-1990, SEC.2. Amended by P.L. 1-1991, SEC.154.