Recovery on bond

Ind. Code § 7.1-2-6-9
in effect
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Sec. 9. Recovery on Bond. The whole amount of the bond filed under this chapter may be recovered as a penalty if a condition of the bond is violated. The penalty recovered shall be for the use of the city or town, or if outside the limits of a city or town, then to the county, in which the premises are situated. [Pre-1973 Recodification Citation: 7-1-1-38.] Formerly: Acts 1973, P.L.55, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/7.1Fetched: 10/17/2026

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