Terms Used In Indiana Code 6-1.1-6.2-20

  • 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.
  • windbreak: refers to a field windbreak. See Indiana Code 6-1.1-6.2-1
   Sec. 20. A conveyance of land that is classified as a windbreak does not release any person acquiring an interest in the land from any obligation or liability imposed under this chapter.

As added by P.L.58-1985, SEC.1.