Sec. 4. 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 that are not applied to the expenses described in section 3 of this chapter must be applied toward: (1) the child's postsecondary education; or (2) the support and maintenance of the child. As added by P.L.171-2001, SEC.1. Amended by P.L.68-2005, SEC.14; P.L.2-2007, SEC.357.
Forfeiture; excess proceeds
Ind. Code § 31-14-1.5-4, under Security to Secure Child Support, Custody, and Parenting Time Rights.
Ind. Code § 31-14-1.5-4