Indiana Code > Title 24 > Article 15 > Chapter 5 – Responsibility According to Role; Controllers and Processors
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Terms Used In Indiana Code > Title 24 > Article 15 > Chapter 5 - Responsibility According to Role; Controllers and Processors
- Contract: A legal written agreement that becomes binding when signed.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.