1. (a) This section does not apply to a party foreclosing on a mortgage executed on a tract offered for sale under this chapter.

2. (b) This section applies to the following:

   1. (1) A person who:

      1. (A) owns a fee interest, a life estate interest, or the equitable interest of a contract purchaser in an unsafe building or unsafe premises; and
      2. (B) is subject to an order issued under IC 36-7-9-5 (a)(2), IC 36-7-9-5 (a)(3), IC 36-7-9-5 (a)(4), or IC 36-7-9-5 (a)(5) regarding which the conditions set forth in IC 36-7-9-10 (a)(1) through IC 36-7-9-10 (a)(4) exist.

   2. (2) A person who:

      1. (A) owns a fee interest, a life estate interest, or the equitable interest of a contract purchaser in an unsafe building or unsafe premises; and
      2. (B) is subject to an order issued under IC 36-7-9-5 (a), other than an order issued under IC 36-7-9-5 (a)(2), IC 36-7-9-5 (a)(3), IC 36-7-9-5 (a)(4), or IC 36-7-9-5 (a)(5), regarding which the conditions set forth in IC 36-7-9-10 (b)(1) through IC 36-7-9-10 (b)(4) exist.
   3. (3) A person who is the defendant in a court action brought under IC 36-7-9-18 , IC 36-7-9-19 , IC 36-7-9-20 , IC 36-7-9-21 , or IC 36-7-9-22 that has resulted in a judgment in favor of the plaintiff and the unsafe condition that caused the action to be brought has not been corrected.

   4. (4) A person who has any of the following relationships to a person, partnership, corporation, or legal entity described in subdivision (1), (2), (3), or (5):

      1. (A) A partner of a partnership.
      2. (B) A member of a limited liability company.
      3. (C) An officer, director, or majority stockholder of a corporation.
      4. (D) The person who controls or directs the activities or has a majority ownership in a legal entity other than a partnership or corporation.

   5. (5) A person who owes:

      1. (A) delinquent taxes;
      2. (B) special assessments;
      3. (C) penalties;
      4. (D) interest; or

      5. (E) costs directly attributable to a prior tax sale;

         on a tract or an item of real property listed under IC 6-1.1-24-1 .

   6. (6) A person who owns a fee interest, a life estate interest, or the equitable interest of a contract purchaser in a vacant or abandoned structure subject to an enforcement order under IC 32-30-6 , IC 32-30-7 , IC 32-30-8 , or IC 36-7-9 , or a court order under IC 36-7-37 .
   7. (7) A person who is an agent of a person described in this subsection.

   8. (8) A person who:

      1. (A) is delinquent in the payment of any personal property taxes; or

      2. (B) is subject to an existing personal property tax judgment;

         under IC 6-1.1-22-9 .

3. (c) A person subject to this section may not bid on or purchase a tract offered for sale under section 4 of this chapter.

4. (d) A business entity may not bid on or purchase a tract offered for sale under section 4 of this chapter if:

   1. (1) a person subject to this section:

      1. (A) formed the business entity;
      2. (B) joined with another person or party to form the business entity; or
      3. (C) joined the business entity as a proprietor, incorporator, partner, shareholder, director, employee, or member; or

   2. (2) a person subject to this section:

      1. (A) becomes an agent, employee, or board member of the business entity; or
      2. (B) is not an attorney at law and represents the business entity in a legal matter.

As added by P.L.112-2022, SEC.2.