Indiana Statutes
§ 6-5.5-1-21 — "Loans arising in factoring"
Indiana § 6-5.5-1-21
This text of Indiana § 6-5.5-1-21 ("Loans arising in factoring") 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 § 6-5.5-1-21 (2026).
Text
(a)"Loans arising in factoring" means:
(1)a loan or extension of credit secured by one (1) or more
accounts receivable; or
(2)a sale of one (1) or more accounts receivable in which the
purchaser has recourse against the seller for an uncollected
accounts receivable.
(b)The term does not refer to:
(1)a sale of one (1) or more accounts receivable without recourse;
or
(2)an assignment of an account receivable.
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Legislative History
As added by P.L.146-2020, SEC.31.
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-5.5-1-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-5.5-1-21.