Sec. 16. As used in this chapter, “sale” means any:

(1) exchange;

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Terms Used In Indiana Code 23-2-6-16

  • Contract: A legal written agreement that becomes binding when signed.
  • sale: means any:

    Indiana Code 23-2-6-16

(2) contract of sale;

(3) contract to sell; or

(4) disposition;

for value.

As added by P.L.177-1991, SEC.10.