IC 26-2-11-2 — "Collateral"

Bills citing this section

• HB 12272026In committee

  Designation of gold and silver as legal tender.

Section text

Sec. 2. As used in this chapter, "collateral" means any personal property that is subject to a security, lease, or rental agreement. The term does not include a recreational vehicle permanently attached to a foundation and used as a primary residence.

As added by P.L.81-2026, SEC.7.

Source: official publisher (2026 edition)