Ind. Code § 26-1-12.5-102
Definitions; applicability of definitions concerning secured transactions; applicability of general definitions and principles of construction and interpretation
Indiana · Indiana Code Title 26 — Commercial Law · Status: effective
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- Ind. Code § 26-1-12.5-102, Definitions; applicability of definitions concerning secured transactions; applicability of general definitions and principles of construction and interpretation, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661003
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Sec. 102.
(a) In this chapter, the following terms have the following meanings:
(1) The following terms have the following meanings:
(A) "Act" refers to the amendments to IC 26-1 that:
(i) were made during the 2023 regular session of the general assembly; and
(ii) took effect July 1, 2023.
(B) "Adjustment date" means July 1, 2025.
(2) "Chapter 12" refers to IC 26-1-12.
(3) "Chapter 12 property" means a controllable account, a controllable electronic record, or a controllable payment intangible.
(b) The following definitions in other chapters of IC 26-1 apply to this chapter:
"Controllable account". IC 26-1-9.1-102.
"Controllable electronic record". IC 26-1-12-102.
"Controllable payment intangible". IC 26-1-9.1-102.
"Financing statement". IC 26-1-9.1-102.
(c) IC 26-1-1 contains general definitions and principles of construction and interpretation that apply throughout this chapter.