Ind. Code § 26-1-12.5-102

This is the official text of Ind. Code § 26-1-12.5-102, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.

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Definitions; applicability of definitions concerning secured transactions; applicability of general definitions and principles of construction and interpretation

Official statutory text

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.

As added by P.L.199-2023, SEC.91.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.