Indiana § 26-1-2-724 - Admissibility of market quotations

Full text of Indiana Indiana Code § 26-1-2-724 — Admissibility of market quotations, with citation guidance and answers to common questions.

§ 26-1-2-724. Admissibility of market quotations

Sec. 724. Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.

Formerly: Acts 1963, c.317, s.2-724.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 26-1-2-724

What does Indiana Code § 26-1-2-724 cover?

Section 26-1-2-724 ("Admissibility of market quotations") 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 § 26-1-2-724?

A common citation format is "Indiana Code § 26-1-2-724" (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 § 26-1-2-724 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.