Indiana Code > Title 26 > Article 1 > Chapter 12.5 – Transitional Provisions For Uniform Commercial Code Amendments (2022)
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Terms Used In Indiana Code > Title 26 > Article 1 > Chapter 12.5 - Transitional Provisions For Uniform Commercial Code Amendments (2022)
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC