Indiana Code 34-16-1-1. Void instruments
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Sec. 1. A note, bill, bond, conveyance, contract, mortgage, or other security made in consideration of:
(2) the repayment of money lent at the time of a wager for the purpose of being wagered;
(1) money or other property won as the result of a wager; or
Terms Used In Indiana Code 34-16-1-1
- Contract: A legal written agreement that becomes binding when signed.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
is void.
[Pre-1998 Recodification Citation: 34-4-28-1.]
As added by P.L.1-1998, SEC.11.