Indiana Code

Ind. Code § 32-30-5-1 (2026)

Appointment of receivers; cases

✓ current as of May 2026
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     Sec. 1. (a) As used in this section, "utility" means a utility, however organized, that:

(1) provides electric, gas, water, or wastewater retail utility service to customers in Indiana; or

(2) is owned, operated, or held in trust by a consolidated city.

     (b) A receiver may be appointed by the court in the following cases:

(1) In an action by a vendor to vacate a fraudulent purchase of property or by a creditor to subject any property or fund to the creditor's claim.

(2) In actions between partners or persons jointly interested in any property or fund.

(3) In all actions when it is shown that the property, fund or rent, and profits in controversy are in danger of being lost, removed, or materially injured.

(4) In actions in which a mortgagee seeks to foreclose a mortgage. However, upon motion by the mortgagee, the court shall appoint a receiver if, at the time the motion is filed, the property is not occupied by the owner as the owner's principal residence and:

(A) it appears that the property is in danger of being lost, removed, or materially injured;

(B) it appears that the property may not be sufficient to discharge the mortgaged debt;

(C) either the mortgagor or the owner of the property has agreed in the mortgage or in some other writing to the appointment of a receiver;

(D) a person not personally liable for the debt secured by the mortgage has, or is entitled to, possession of all or a portion of the property;

(E) the owner of the property is not personally liable for the debt secured by the mortgage; or

(F) all or any portion of the property is being, or is intended to be, leased for any purpose.

(5) When a corporation, professional corporation, nonprofit corporation, limited liability company, partnership, or another legal entity described in IC 23:

(A) has been dissolved;

(B) is insolvent;

(C) is in imminent danger of insolvency; or

(D) has forfeited its corporate rights.

(6) To protect or preserve, during the time allowed for redemption, any real estate or interest in real estate sold on execution or order of sale, and to secure rents and profits to the person entitled to the rents and profits.

(7) Upon request by a utility providing utility service to a mobile home community (as defined in IC 16-41-27-5), or to a multifamily residential property with more than four (4) dwelling units, when the property owner has failed to pay:

(A) invoiced utility bills for a period greater than ninety (90) days from the due date of the initial outstanding invoice; or

(B) amounts due under a curative payment plan for a period of at least sixty (60) days from the initial due date prescribed under the payment plan;

notwithstanding any other right the utility has to secure payment.

(8) In other cases as may be provided by law or where, in the discretion of the court, it may be necessary to secure ample justice to the parties.

[Pre-2002 Recodification Citation: 34-48-1-1.]

As added by P.L.2-2002, SEC.15. Amended by P.L.5-2023, SEC.1; P.L.175-2025, SEC.2.

 

Notes of Decisions
Cited in 11 cases, 2005–2020 · leading case: Towne & Terrace Corp. v. City of Indianapolis, 122 N.E.3d 846 (Ind. Ct. App. 2019).
Towne & Terrace Corp. v. City of Indianapolis, 122 N.E.3d 846 (Ind. Ct. App. 2019). · cites it 32× “* * * I.C. § 32-30-5-1(2) provides for the appointment of a receiver in actions between *852 persons jointly interested in any property or fund.”
Citizens Fin. Servs., FSB v. Innsbrook Country Club, Inc., 833 N.E.2d 1045 (Ind. Ct. App. 2005). · cites it 17× “Code § 32-30-5-1 (2004), which provides, in pertinent part: A receiver may be appointed by the court in the following cases: [[Image here]] (4) In actions in which a mortgagee seeks to foreclose a mortgage. However, upon motion by the mortgagee, the court shall appoint a…”
Burns-Kish Funeral Homes, Inc. v. Kish Funeral Homes, LLC, 889 N.E.2d 15 (Ind. Ct. App. 2008). · cites it 5× “23 cites Indiana Code § 32-30-5-1, which governs only receiverships.”
PNC Bank, Nat'l Ass'n, Successor to Nat'l City Bank v. LA Dev., Inc., Andrew L. Arbuckle, Robert J. Lane, & INTA, LLC, 973 N.E.2d 1131 (Ind. Ct. App. 2012). · cites it 16× “The Bank notes that the statutory framework governing the mandatory appointment of receivers is Indiana Code section 32-30-5-1. Pursuant to subsection 4 of Indiana Code section 32-30-5-1, a mortgagee’s right to appointment of a receiver in a foreclosure action is mandatory once…”
CSL Cmty. Ass'n, Inc. v. Clarence Ray Meador, 973 N.E.2d 597 (Ind. Ct. App. 2012). · cites it 4× “3 See Ind. Code § 32-30-5-1 et seq., (Receivership); Ind.”
Wells Fargo Bank, N.A. v. Tippecanoe Assocs., LLC, 923 N.E.2d 423 (Ind. Ct. App. 2010). · cites it 2× “I.C. § 32-30-5-1(4) (Subsection 4) (emphases added).”
Gino Burelli v. Larry Martin & Kevin Mackay, 130 N.E.3d 661 (Ind. Ct. App. 2019). · cites it 8× “"] Ind. Code § 32-30-5-1 (1), (2), (3), and (7) ; Appellant's App.”
Mark Van Eaton & Cynthia Van Eaton Vallimont v. German Am. Bancorp (Ind. Ct. App. 2012). · cites it 10× “Indiana Code section 32-30-5-1 Indiana Code section 32-30-5-1 provides: A receiver may be appointed by the court in the following cases: *** (4) In actions in which a mortgagee seeks to foreclose a mortgage.”
Towne & Terrace, Corp v. City of Indianapolis (Ind. Ct. App. 2020). · cites it 4× “With respect to Ind. Code § 32-30-5-1 (7), which is Indiana’s general receivership statute, we held that “just as we noted in [Towne I], here, ‘at no point did the City designate evidence indicating that [Towne & Terrace’s] use or maintenance of the common areas amounted to a…”
Luke L. Tooley, Jr. v. Michael Ghosh (mem. dec.) (Ind. Ct. App. 2020). · cites it 2× “[9] Indiana Code section 32-30-5-1 provides, in relevant part, that a receiver may be appointed in the following cases: Court of Appeals of Indiana | Memorandum Decision 19A-PL-3016 | June 29, 2020 Page 10 of 15 (1) In an action by a vendor to vacate a fraudulent purchase of…”
Agee v. Newtek Bus. Servs. Holdco 5, Inc. (S.D. Ind. 2019). · cites it 2× “) Count V alleges that Newtek has “made transfers” and “caused banc-serv to incur obligations” and attempts to state a claim to set aside fraudulent transfers and appoint a receiver over banc-serv under Indiana Code § 32-30-5-1(5) to accom- plish that purpose.”
Ind. Code § 32-30-5-1(2): 1 case
Towne & Terrace Corp. v. City of Indianapolis, 122 N.E.3d 846 (Ind. Ct. App. 2019). “* * * I.C. § 32-30-5-1(2) provides for the appointment of a receiver in actions between *852 persons jointly interested in any property or fund.”
Ind. Code § 32-30-5-1(3): 2 cases
Towne & Terrace Corp. v. City of Indianapolis, 122 N.E.3d 846 (Ind. Ct. App. 2019). “* * * I.C. § 32-30-5-1(2) provides for the appointment of a receiver in actions between *852 persons jointly interested in any property or fund.”
Towne & Terrace, Corp v. City of Indianapolis (Ind. Ct. App. 2020). “With respect to Ind. Code § 32-30-5-1 (7), which is Indiana’s general receivership statute, we held that “just as we noted in [Towne I], here, ‘at no point did the City designate evidence indicating that [Towne & Terrace’s] use or maintenance of the common areas amounted to a…”
Ind. Code § 32-30-5-1(4): 3 cases
Citizens Fin. Servs., FSB v. Innsbrook Country Club, Inc., 833 N.E.2d 1045 (Ind. Ct. App. 2005). “Code § 32-30-5-1 (2004), which provides, in pertinent part: A receiver may be appointed by the court in the following cases: [[Image here]] (4) In actions in which a mortgagee seeks to foreclose a mortgage. However, upon motion by the mortgagee, the court shall appoint a…”
PNC Bank, Nat'l Ass'n, Successor to Nat'l City Bank v. LA Dev., Inc., Andrew L. Arbuckle, Robert J. Lane, & INTA, LLC, 973 N.E.2d 1131 (Ind. Ct. App. 2012). “The Bank notes that the statutory framework governing the mandatory appointment of receivers is Indiana Code section 32-30-5-1. Pursuant to subsection 4 of Indiana Code section 32-30-5-1, a mortgagee’s right to appointment of a receiver in a foreclosure action is mandatory once…”
Wells Fargo Bank, N.A. v. Tippecanoe Assocs., LLC, 923 N.E.2d 423 (Ind. Ct. App. 2010). “I.C. § 32-30-5-1(4) (Subsection 4) (emphases added).”
Ind. Code § 32-30-5-1(4)(C): 1 case
Citizens Fin. Servs., FSB v. Innsbrook Country Club, Inc., 833 N.E.2d 1045 (Ind. Ct. App. 2005). “Code § 32-30-5-1 (2004), which provides, in pertinent part: A receiver may be appointed by the court in the following cases: [[Image here]] (4) In actions in which a mortgagee seeks to foreclose a mortgage. However, upon motion by the mortgagee, the court shall appoint a…”
Ind. Code § 32-30-5-1(5): 4 cases
Towne & Terrace Corp. v. City of Indianapolis, 122 N.E.3d 846 (Ind. Ct. App. 2019). “* * * I.C. § 32-30-5-1(2) provides for the appointment of a receiver in actions between *852 persons jointly interested in any property or fund.”
Burns-Kish Funeral Homes, Inc. v. Kish Funeral Homes, LLC, 889 N.E.2d 15 (Ind. Ct. App. 2008). “23 cites Indiana Code § 32-30-5-1, which governs only receiverships.”
PNC Bank, Nat'l Ass'n, Successor to Nat'l City Bank v. LA Dev., Inc., Andrew L. Arbuckle, Robert J. Lane, & INTA, LLC, 973 N.E.2d 1131 (Ind. Ct. App. 2012). “The Bank notes that the statutory framework governing the mandatory appointment of receivers is Indiana Code section 32-30-5-1. Pursuant to subsection 4 of Indiana Code section 32-30-5-1, a mortgagee’s right to appointment of a receiver in a foreclosure action is mandatory once…”
Agee v. Newtek Bus. Servs. Holdco 5, Inc. (S.D. Ind. 2019). “) Count V alleges that Newtek has “made transfers” and “caused banc-serv to incur obligations” and attempts to state a claim to set aside fraudulent transfers and appoint a receiver over banc-serv under Indiana Code § 32-30-5-1(5) to accom- plish that purpose.”
Ind. Code § 32-30-5-1(7): 1 case
Towne & Terrace Corp. v. City of Indianapolis, 122 N.E.3d 846 (Ind. Ct. App. 2019). “* * * I.C. § 32-30-5-1(2) provides for the appointment of a receiver in actions between *852 persons jointly interested in any property or fund.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.