§ 34-6-2-35 Economically feasible

Codes > Indiana Code > Title 34 > Article 6 : Chapter 2 > 34-6-2-35 Economically

34-6-2-35 “Economically feasible”

    Sec. 35. “Economically feasible”, for purposes of IC 34-55-6, means a finding by the court that:

    (1) a reasonable probability exists that with the use of auctioneer services a valid and enforceable bid will be made at the
execution for a sale price equal to or greater than the amount of the judgment and the costs and expenses necessary to its satisfaction, including the costs of the auctioneer; and

    (2) no such probability exists without the use of an auctioneer.