If, at any time after the cancellation of a lease and contract and within the term provided in the lease or contract, the lessee submits to the recorder:

1. (1) a receipt or a canceled check, or an affidavit, showing that the rental has been paid; or

2. (2) an affidavit that:

   1. (A) the lease has been operated within a period of one (1) year before the cancellation, as stipulated in the lease or contract; and

   2. (B) the affidavit of the lessor provided under this chapter is false or fraudulent;

      the cancellation is void, and the recorder shall so certify at the place where the cancellation of the lease and contract has been entered.

      [Pre-2002 Recodification Citation: 32-5-8-1 part.]

As added by P.L.2-2002, SEC.8.