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32-34-9-5. Hiding property or failure to float property upon demand

IN Code § 32-34-9-5 (2019) (N/A)
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Sec. 5. If the finder of any property described in this chapter:

(1) hides the property;

(2) allows the property to get aground so that the finder cannot immediately, upon the demand of the property's owner or the owner's agents, put the property afloat; or

(3) fails to put the property afloat upon demand;

the finder may not collect or receive any compensation for finding or caring for the property and, in addition to any other duties imposed by this chapter, is responsible to the owner for the value of the property as if the property were afloat.

[Pre-2002 Recodification Citation: 32-9-5-4.]

As added by P.L.2-2002, SEC.19.

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