§ 24-5-5-1 Refusal to accept merchandise; gift to receiver
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Terms Used In Indiana Code > Title 24 > Article 5 > Chapter 5 - Unsolicited Merchandise

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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.