Authority: IC 32-34-1.5-87

Affected: IC 32-34-1-15

Sec. 7. (a) When a person, as defined in IC 32-34-1-15, is in receivership or in bankruptcy, the receiver or trustee in bankruptcy is the proper claimant upon the presentment of certified copies of the entry of appointment.

(b) Payment will not be made to the owner after due notice has been received by the attorney general from the receiver, the trustee in bankruptcy, or the court in which execution has been levied.

(Office of Attorney General for the State; 10 IAC 1.5-4-7; filed Jul 1, 1997, 4:15 p.m.: 20 IR 3002; errata filed Apr 17, 2003, 3:30 p.m.: 26 IR 3046; readopted filed Aug 14, 2003, 1:15 p.m.: 27 IR 946)