Sec. 7. A person must elect whether to pursue a claim either under this chapter or under IC 34-24-3-1 (or IC 34-4-30-1 before its repeal).
As added by P.L.42-1993, SEC.18. Amended by P.L.1-1998, SEC.138.
Structure Indiana Code
Article 2. Commercial Transactions
Chapter 7. Penalties for Stopping Payments or Permitting Dishonor of Checks and Drafts
26-2-7-2. Financial Institution
26-2-7-3. Notice of Nonpayment
26-2-7-4. Liability for Stopping Payment or Permitting Dishonor of Checks
26-2-7-5. Extent of Liability for Stopping Payment or Permitting Dishonor of Checks
26-2-7-6. Liability for Continued Nonpayment of Checks
26-2-7-7. Election of Remedies
26-2-7-8. Exemption From Liability for Permitting Dishonor of Checks