1. (a) If the judgment debtor shows the court with whose clerk the foreign judgment is filed:

   1. (1) that:

      1. (A) an appeal from the foreign judgment is pending;
      2. (B) an appeal from the foreign judgment will be taken; or
      3. (C) a stay of execution of the foreign judgment has been granted; and

   2. (2) that the judgment debtor has furnished the security, if any, for the judgment required under the jurisdiction in which the foreign judgment was rendered;

      the court shall stay enforcement of the foreign judgment until the appeal is concluded, the time for appeal expires, or the stay of execution expires or is vacated.

2. (b) If:

   1. (1) the judgment debtor shows the court grounds upon which enforcement of a judgment of a court of Indiana would be stayed; and

   2. (2) the judgment debtor gives the court security for the judgment debt;

      the court shall stay enforcement of the foreign judgment for the same period as would be appropriate to stay enforcement for a similar judgment by an Indiana court.

As added by P.L.40-2003, SEC.2.