Indiana Statutes
§ 26-1-2-303 — Allocation or division of risks
Where IC 26-1-2 allocates a risk or a
burden as between the parties "unless otherwise agreed," the agreement
may not only shift the allocation but may also divide the risk or burden.
Formerly: Acts 1963, c.317, s.2-303. As amended by
P.L.152-1986, SEC.130.
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Related
Polycon Industries Inc v. R & B Plastics Machinery, LLC
(N.D. Indiana, 2025)
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
Severability