Sec. 301. (1) Except as otherwise provided in this section, if a transaction bears a reasonable relation to Indiana and also to another state or nation, the parties may agree that the law either of Indiana or of the other state or nation shall govern their rights and duties.
(2) In the absence of an agreement under subsection (1), and except as provided in subsection (3), IC 26-1 applies to transactions bearing an appropriate relation to Indiana.
(3) If any of the following provisions specifies the applicable law, that provision governs, and a contrary agreement is effective only to the extent permitted by the law so specified:
(a) IC 26-1-2-402.
(b) IC 26-1-2.1-105 and IC 26-1-2.1-106.
(c) IC 26-1-4-102.
(d) IC 26-1-4.1-507.
(e) IC 26-1-5.1-116.
(f) IC 26-1-8.1-110.
(g) IC 26-1-9.1-301 through IC 26-1-9.1-307.
As added by P.L.143-2007, SEC.5.
Structure Indiana Code
Article 1. Uniform Commercial Code
26-1-1-0.3. Certain Security Interests Considered Perfected
26-1-1-0.6. Application of Article to Certain Questions of Priority; Exceptions
26-1-1-101. Short Title; Application
26-1-1-102. Purposes; Rules of Construction; Variation by Agreement
26-1-1-103. Supplementary General Principles of Law Applicable
26-1-1-104. Construction Against Implicit Repeal
26-1-1-106. Remedies to Be Liberally Administered
26-1-1-107. Waiver or Renunciation of Claim or Right After Breach
26-1-1-108.1. Powers of Secretary of State; Filing; Acceptance of Payment for Fees
26-1-1-108.2. Effect on Electronic Signatures in Global and National Commerce Act
26-1-1-201. General Definitions
26-1-1-202. Prima Facie Evidence by Third Party Documents
26-1-1-203. Obligation of Good Faith
26-1-1-204. Time; Reasonable Time; "Seasonably"
26-1-1-205. Course of Dealing, Course of Performance, and Usage of Trade
26-1-1-206. Statute of Frauds for Kinds of Personal Property Not Otherwise Covered
26-1-1-207. Performance or Acceptance Under Reservation of Rights