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Ind. Code § 26-1-2-102

Scope; transactions in goods; hybrid transactions; transactions creating security interest excluded; statutes regulating sales to certain buyers not impaired or repealed

Known as the Uniform Commercial Code

The act spans §§ 26-1-1-0.2 to 26-1-9.1-902 (630 sections).

Applied in 14 court decisions — leading case Royal Business Machines, Inc. v. Lorraine Corp. (1980)

Most recently applied in BRC Rubber & Plastics, Incorpo v. Continental Carbon Company (August 2018)

Formerly: Acts 1963, c.317, s.2-102

How often courts cite this section

19781980199020002010201820
citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

Sec. 102. (1) Unless the context otherwise requires, and except as provided in subsection (3), this chapter applies to transactions in goods and, in the case of a hybrid transaction, this chapter applies to the extent provided in subsection (2).

(2) In a hybrid transaction, the following apply:

(a) If the sale of goods aspects do not predominate, only the provisions of this chapter which relate primarily to the sales of goods aspects of the transaction apply, and the provisions that relate to the transaction as a whole do not apply.

(b) If the sale of goods aspects predominate, this chapter applies to the transaction but does not preclude the application in appropriate circumstances of other law to aspects of the transaction that do not relate to the sale of goods.

(3) This chapter does not:

(a) apply to a transaction that, even though in the form of an unconditional contract to sell or present sale, operates to create a security interest; or

(b) impair or repeal a statute regulating sales to consumers, farmers, or other specified classes of buyers.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.