Indiana Statutes

§ 26-1-9.1-107.2 — Control on behalf of another person; deposit accounts and authoritative electronic copies of record evidencing chattel paper; acknowledgment not required

Indiana § 26-1-9.1-107.2
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 1UNIFORM COMMERCIAL CODE
Ch. 9.1Secured Transactions

This text of Indiana § 26-1-9.1-107.2 (Control on behalf of another person; deposit accounts and authoritative electronic copies of record evidencing chattel paper; acknowledgment not required) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 26-1-9.1-107.2 (2026).

Text

2.

(a)A person that has control under section 104 or 105 of this chapter is not required to acknowledge that it has control on behalf of another person.
(b)If a person acknowledges that it has or will obtain control on behalf of another person, unless the person otherwise agrees or law other than this chapter otherwise provides, the person does not owe any duty to any other person and is not required to confirm the acknowledgment to any other person.

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Legislative History

As added by P.L.199-2023, SEC.44.

Nearby Sections

15
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Bluebook (online)
Indiana § 26-1-9.1-107.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-9.1-107.2.