Indiana Code 32-18-2-19.3. Determination of debtor’s location; governing law in claim for relief
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Sec. 19.3. (a) In this section, the following rules determine a debtor’s location:
(2) A debtor that is an organization and has only one (1) place of business is located at its place of business.
(1) A debtor who is an individual is located at the individual’s principal residence.
Terms Used In Indiana Code 32-18-2-19.3
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.
(3) A debtor that is an organization and has more than one (1) place of business is located at its chief executive office.
(b) A claim for relief in the nature of a claim for relief under this chapter is governed by the law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.
As added by P.L.61-2017, SEC.18.