Sec. 201. Except as provided in sections 301 through 306 of this chapter, a transaction validly entered into before July 1, 2023, and the rights, duties, and interests flowing from the transaction remain valid after June 30, 2023, and may be terminated, completed, consummated, or enforced as required or permitted by law other than IC 26-1 or, if applicable, by IC 26-1 as though the act had not taken effect.
Ind. Code § 26-1-12.5-201
Validity of transactions entered into before July 1, 2023
Known as the Transitional Provisions for Uniform Commercial Code
The act spans §§ 26-1-12.5-101 to 26-1-12.5-306 (9 sections).
As added by P.L.199-2023, SEC.91.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.