§ 26-1-12.5-101 Citation of statute
§ 26-1-12.5-102 Definitions; applicability of definitions concerning secured transactions; applicability of general definitions and principles of construction and interpretation
§ 26-1-12.5-201 Validity of transactions entered into before July 1, 2023
§ 26-1-12.5-301 Transaction, lien, or interest entered into, created, or acquired before July 1, 2023; validity; applicability of act; existing actions, cases, or proceedings not affected
§ 26-1-12.5-302 Security interest enforceable and perfected on June 30, 2023; conditions and time frame for continued enforceability and perfection after June 30, 2023
§ 26-1-12.5-303 Security interest enforceable but unperfected on June 30, 2023; conditions and time frame for continued enforceability; conditions and effective date for perfection
§ 26-1-12.5-304 Action other than filing taken before July 1, 2023, to perfect security interest; perfection effective until adjustment date; conditions for effectiveness of financing statement filed before July 1, 2023, to perfect security interest; sufficiency of actio
§ 26-1-12.5-305 Determination of priority of conflicting claims to collateral
§ 26-1-12.5-306 Determination of priority of conflicting claims to controllable accounts, controllable electronic records, and controllable payment intangibles

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