Indiana Code 26-1-2-301. General obligations of parties
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 26-1-2-301
- Contract: A legal written agreement that becomes binding when signed.
- 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.
Sec. 301. The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.
Formerly: Acts 1963, c.317, s.2-301.