Indiana Statutes

§ 15-12-3-1 — Application of chapter

Indiana·Art. 12 AGRICULTURAL ASSISTANCE·Ch. 3 Repurchase of Farm or Industrial Machinery Inventory
(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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Legislative History

As added by P.L.2-2008, SEC.3.

Nearby Sections

15
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