Terms Used In Indiana Code 32-17-3-2

  • Contract: A legal written agreement that becomes binding when signed.
   Sec. 2. If a husband and wife are divorced while a contract described in section 1(a) of this chapter is in effect, the husband and wife own the interest in the contract and the equity created by the contract in equal shares.

[Pre-2002 Recodification Citation: 32-4-2-2.]

As added by P.L.2-2002, SEC.2.