Forfeiture; use of proceeds

Ind. Code § 31-14-1.5-3, under Security to Secure Child Support, Custody, and Parenting Time Rights.

Ind. Code § 31-14-1.5-3

Sec. 3. Upon forfeiture, the proceeds of the security, a bond, or other guarantee ordered to secure the obligation of child support, enforcement of a custody order, or enforcement of a parenting time order under this article may only be used to: (1) reimburse the nonviolating party for actual costs or damages incurred in upholding the court's order; (2) locate and return the child to the residence as set forth in the court's order, if the security, bond, or guarantee covers custody or parenting time, or both; or (3) reimburse reasonable fees and court costs to the court appointed trustee. As added by P.L.171-2001, SEC.1. Amended by P.L.68-2005, SEC.13.