Indiana Statutes

§ 32-33-20-11 — Special tool builder security interest on a special tool

Indiana § 32-33-20-11
JurisdictionIndiana
Title 32PROPERTY
Art. 33LIENS ON PERSONAL PROPERTY
Ch. 20Special Tool Liens

This text of Indiana § 32-33-20-11 (Special tool builder security interest on a special tool) 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 § 32-33-20-11 (2026).

Text

(a)A special tool builder has an unperfected purchase money security interest under IC 26-1-9.1 on a special tool that the special tool builder fabricates, repairs, or modifies.
(b)The amount of the lien is the amount that a customer or end user owes the special tool builder for the fabrication, repair, or modification of the special tool.
(c)A special tool builder may perfect its purchase money security interest in a special tool by filing a financing statement in accordance with IC 26-1-9.1-317(e).

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Legislative History

As added by P.L.73-2009, SEC.4.

Nearby Sections

15
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Bluebook (online)
Indiana § 32-33-20-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/32-33-20-11.