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32-18-1-6. Trustee; notice of appointment; inventory of property

IN Code § 32-18-1-6 (2019) (N/A)
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Sec. 6. (a) Immediately after complying with the requirements set forth in this chapter, the trustee shall give notice of the trustee's appointment by publication, three (3) weeks successively, in a newspaper printed and published in the county. If a newspaper is not printed and published in the county, the trustee shall:

(1) place written notice in at least five (5) of the most public places in the county; and

(2) publish notice in a newspaper printed and published in the nearest county, for the time and in the manner mentioned in reference to publication in the county where the assignor resides.

(b) The trustee shall, within thirty (30) days after beginning the duties of the trust, make and file, under oath, a full and complete inventory of all the property, real and personal, the rights, credits, interests, profits, and collaterals that the trustee obtains, or of which the trustee may have obtained knowledge as belonging to the assignor. If:

(1) any property not mentioned in an inventory comes into the trustee's hands; or

(2) the trustee obtains satisfactory information of the existence of property not mentioned in an inventory;

the trustee shall file an additional inventory of the property as described in this section.

[Pre-2002 Recodification Citation: 32-12-1-6.]

As added by P.L.2-2002, SEC.3.

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32-18-1-6. Trustee; notice of appointment; inventory of property