Indiana § 26-1-9.1-201 General effectiveness of security agreement

Indiana Statutes

§ 26-1-9.1-201 — General effectiveness of security agreement

Indiana § 26-1-9.1-201

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 9.1Secured Transactions

This text of Indiana § 26-1-9.1-201 (General effectiveness of security agreement) 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 § 26-1-9.1-201 (2026).

Text

(a)Except as otherwise provided in IC 26-1, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.

(b)A transaction subject to this article is subject to any applicable rule of law that establishes a different rule for consumers.

(c)In case of conflict between IC 26-1-9.1 and a rule of law, statute, or regulation described in subsection (b), the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in subsection (b) has only the effect the statute or regulation specifies.

(d)IC 26-1-9.1 does not:

(1)validate any rate, charge, agreement, or practice that violates a rule of law, statute, or regulation described in subsection (b); or

(2)extend the applicat

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(a) Except as otherwise provided in IC 26-1, a security agreement is effective according to its terms between
the parties, against purchasers of the collateral, and against creditors.
(b) A transaction subject to this article is subject to any applicable
rule of law that establishes a different rule for consumers.
(c) In case of conflict between IC 26-1-9.1 and a rule of law, statute,
or regulation described in subsection (b), the rule of law, statute, or
regulation controls. Failure to comply with a statute or regulation
described in subsection (b) has only the effect the statute or regulation
specifies.
(d) IC 26-1-9.1 does not:
(1) validate any rate, charge, agreement, or practice that violates
a rule of law, statute, or regulation described in subsection (b); or
(2) extend the application of the rule of law, statute, or regulation
to a transaction not otherwise subject to it.