Indiana Code
Chapter 1. General Provisions
26-1-1-106. Remedies to Be Liberally Administered

Sec. 106. (1) The remedies provided by IC 26-1 shall be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed, but neither consequential or special nor penal damages may be had except as specifically provided in IC 26-1 or by other rule of law.
(2) Any right or obligation declared by IC 26-1 is enforceable by action unless the provision declaring it specifies a different and limited effect.
Formerly: Acts 1963, c.317, s.1-106. As amended by P.L.152-1986, SEC.114.

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Structure Indiana Code

Indiana Code

Title 26. Commercial Law

Article 1. Uniform Commercial Code

Chapter 1. General Provisions

26-1-1-0.2. Transactions Entered Into After July 1, 1964, and Before January 1, 1986; Status of Certain Perfected Security Interests

26-1-1-0.3. Certain Security Interests Considered Perfected

26-1-1-0.4. Status of Certain Financing Statements and Continuation Statements; Effectiveness of Certain Financing Statements; Requirement for New Financing Statements; Status of Records of Certain Real Estate Mortgages

26-1-1-0.5. Status of Certain Security Interests; Conditions; Lapsing of Perfection; Filing of Financing Statements

26-1-1-0.6. Application of Article to Certain Questions of Priority; Exceptions