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Indiana Code — Title 6 (Taxation)

IC 6-1.1-23.5-16

Failure to pay bid

Official textiga.in.govlast amended

Sec. 16. If a person who purchases a mobile home assessed as personal property in a sale under this chapter fails to pay the bid, the county treasurer shall offer the mobile home for sale again. A purchaser who fails to pay the bid shall pay a civil penalty in an amount equal to twenty-five percent (25%) of the bid. The prosecuting attorney of the county in which the sale was conducted shall initiate an action in the name of the treasurer of state to recover the civil penalty. A civil penalty collected under this section shall be deposited in the county general fund.
As added by P.L.235-2017, SEC.9.

Amendment history

As added by P.L.235-2017, SEC.9.

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Nearby sections (25 sections)
  1. 6-1.1-23.5-4 · Preparation of tentative auction list
  2. 6-1.1-23.5-5 · Demand for payment
  3. 6-1.1-23.5-6 · Installment agreements
  4. 6-1.1-23.5-7 · Payment before sale at auction
  5. 6-1.1-23.5-8 · Mobile homes not suitable for sale
  6. 6-1.1-23.5-9 · Notice of sale; preparation
  7. 6-1.1-23.5-10 · Notice of sale; publication and mailing
  8. 6-1.1-23.5-11 · Requests for information in an alternative form
  9. 6-1.1-23.5-12 · Notice to owners
  10. 6-1.1-23.5-13 · Application for judgment and order for sale
  11. 6-1.1-23.5-14 · Examination; hearing; objections; judgment and order…
  12. 6-1.1-23.5-15 · Public auction; proceeds of sale; claims for surplus…
  13. 6-1.1-23.5-16 · Failure to pay bid
  14. 6-1.1-23.5-17 · Insufficient bids
  15. 6-1.1-23.5-18 · Mobile home not sold; statement of collection costs
  16. 6-1.1-23.5-19 · Disqualified purchasers; certain unpaid liabilities
  17. 6-1.1-23.5-20 · Disqualified purchasers; unauthorized business…
  18. 6-1.1-23.5-21 · Performance of duties of county treasurer or county…
  19. 6-1.1-23.9-0.5 · Applicability
  20. 6-1.1-23.9-1 · "County executive"
  21. 6-1.1-23.9-2 · "Necessary repairs"
  22. 6-1.1-23.9-2.5 · "Severed interest"
  23. 6-1.1-23.9-3 · "Substantial property interest of public record"
  24. 6-1.1-24-0.9 · Prohibition from tax sale for real property owned by a…
  25. 6-1.1-24-1 · Delinquency list; certification
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