Sec. 2. As used in this chapter, “indemnity provision” means a provision, a clause, a covenant, or an agreement that:

(1) is contained in, collateral to, or affecting a motor carrier transportation contract; and

Terms Used In Indiana Code 8-2.1-26-2

  • Contract: A legal written agreement that becomes binding when signed.
  • promisee: means a person that an indemnity provision:

    Indiana Code 8-2.1-26-4

(2) purports to indemnify, defend, or hold harmless, or has the effect of indemnifying, defending, or holding harmless, a promisee against liability for loss or damage resulting from:

(A) negligence;

(B) intentional acts; or

(C) omissions;

of the promisee or an agent, employee, servant, or independent contractor that is directly responsible to the promisee.

As added by P.L.31-2006, SEC.1.