Indiana § 26-2-11-1 - Applicability
Full text of Indiana Indiana Code § 26-2-11-1 — Applicability, with citation guidance and answers to common questions.
§ 26-2-11-1. Applicability
Sec. 1. This chapter does not apply to the following persons when engaged in an activity otherwise covered by this chapter:
(1) A financial institution or an employee of a financial institution if the activity is conducted by the employee on behalf of that financial institution.
(2) An automobile rental company or an employee of an automobile rental company if the activity is conducted by the employee on behalf of the automobile rental company.
(3) A retail seller of equipment (as defined in IC 26-1-9.1-102), or an employee of a retail seller of equipment, if the activity is limited to the repossession of the type of goods routinely sold by the retail seller in the manner authorized by IC 26-1-9.1-609 on behalf of the owner of a security interest in that collateral.
(4) An entity or an employee of an entity that primarily finances wholesale and retail transactions related to the purchase or lease of equipment manufactured by the entity's affiliate if the activity is limited to the repossession of the equipment.
As added by P.L.81-2026, SEC.7.
Frequently Asked Questions About Indiana § 26-2-11-1
What does Indiana Code § 26-2-11-1 cover?
Section 26-2-11-1 ("Applicability") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 26-2-11-1?
A common citation format is "Indiana Code § 26-2-11-1" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 26-2-11-1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.