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Terms Used In Indiana Code 26-1-2-203

  • Contract: A legal written agreement that becomes binding when signed.
   Sec. 203. The affixing of a seal to a record evidencing a contract for sale or an offer to buy or sell goods does not constitute the record. A sealed instrument and the law with respect to sealed instruments does not apply to such a contract or offer.

Formerly: Acts 1963, c.317, s.2-203. As amended by P.L.199-2023, SEC.7; P.L.9-2024, SEC.476.