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Terms Used In Indiana Code 24-4-5-5

  • circulating product: includes :

    Indiana Code 24-4-5-1.1

  • delivery container: means a permanent container used by:

    Indiana Code 24-4-5-1.2

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • registrant: means a supplier of a circulating product or the owner of a delivery container who has filed under section 1 of this chapter a description of a name, mark, or device used to indicate the ownership of the circulating product or delivery container. See Indiana Code 24-4-5-1.3
   Sec. 5. Acceptance of money by a registrant as a deposit to secure safekeeping and return of a circulating product or delivery container does not constitute a sale of the property, either optional or otherwise, in any proceeding under this chapter.

Formerly: Acts 1971, P.L.365, SEC.1. As amended by P.L.114-1992, SEC.8.