Indiana § 15-12-3-1 Application of chapter

Indiana Statutes

§ 15-12-3-1 — Application of chapter

Indiana § 15-12-3-1

Art. 12AGRICULTURAL ASSISTANCE

Ch. 3Repurchase of Farm or Industrial Machinery Inventory

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Bluebook

Ind. Code § 15-12-3-1 (2026).

Text

(a)This chapter applies to the following:

(1)Contracts that may be terminated or altered at will.

(2)Contracts formed or renewed after June 30, 1989.

(b)This chapter may not be construed to impair the obligation of a contract in violation of Article 1, Section 24 of the Constitution of the State of Indiana.

(c)This chapter does not affect a security interest that a wholesaler, manufacturer, or distributor may have in a retailer's inventory. [Pre-2008 Recodification Citations: subsection (a) formerly 15-7-7-1(a); subsection (b) formerly 15-7-7-1(b); subsection (c) formerly 15-7-7-18.]

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(a) This chapter applies to the following:
(1) Contracts that may be terminated or altered at will.
(2) Contracts formed or renewed after June 30, 1989.
(b) This chapter may not be construed to impair the obligation of a
contract in violation of Article 1, Section 24 of the Constitution of the
State of Indiana.
(c) This chapter does not affect a security interest that a wholesaler,
manufacturer, or distributor may have in a retailer's inventory.
[Pre-2008 Recodification Citations: subsection (a) formerly
15-7-7-1(a); subsection (b) formerly 15-7-7-1(b); subsection (c)
formerly 15-7-7-18.]