Indiana Code 26-1-2-701. Remedies for breach of collateral contracts not impaired
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Terms Used In Indiana Code 26-1-2-701
- 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. 701. Remedies for breach of any obligation or promise collateral or ancillary to a contract for sale are not impaired by the provisions of IC 26-1-2.
Formerly: Acts 1963, c.317, s.2-701. As amended by P.L.152-1986, SEC.161.