Sale of real estate by receiver, assignee, or trustee under IC 32-18-1; filing bond to secure sale

Sec. 1. In a sale of real estate by: (1) a receiver; or (2) an assignee or trustee under IC 32-18-1; a person may, before the confirmation of the sale by the proper court, file with the clerk of the court, or in open court, a bond in the sum sufficient to secure the sale. The surety for the bond must be approved by the clerk or the court. [Pre-2002 Recodification Citation: 32-12-3-1 part.] As added by P.L.2-2002, SEC.3.