Sec. 1. (a) This chapter applies to all transfers made and obligations incurred after June 30, 1994.

     (b) This chapter does not apply to a transfer made or an obligation incurred before July 1, 1994.

[Pre-2002 Recodification Citation: 32-2-7-1.]

As added by P.L.2-2002, SEC.3.

Terms Used In Indiana Code 32-18-2-1

  • 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.