Indiana Statutes
§ 26-2-7-8 — Exemption from liability for permitting dishonor of checks
Indiana § 26-2-7-8
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 2COMMERCIAL TRANSACTIONS
Ch. 7Penalties for Stopping Payments or Permitting Dishonor
This text of Indiana § 26-2-7-8 (Exemption from liability for permitting dishonor of checks) 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 § 26-2-7-8 (2026).
Text
(a)A person who has allowed a check to be
dishonored is not liable under this chapter if, not more than ten (10)
days after the holder has given notice that the check has not been paid
by the financial institution, the person pays to the holder the full
amount of the check.
(b)A payment made under subsection (a) is effective for all
purposes as of the date the payment is made.
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Legislative History
As added by P.L.42-1993, SEC.18.
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Repealed§ 26-1-1-106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
SeverabilityCite This Page — Counsel Stack
Bluebook (online)
Indiana § 26-2-7-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-2-7-8.