Indiana Code
Chapter 2. Uniform Fraudulent Transfer Act
32-18-2-13. Value; When Given; Default Under Mortgage, Deed of Trust, or Security Agreement

Sec. 13. (a) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied. Value does not include an unperformed promise made otherwise than in the ordinary course of the promisor's business to furnish support to the debtor or another person.
(b) For purposes of sections 14(a)(2) and 15 of this chapter, a person gives a reasonably equivalent value if the person acquires an interest of the debtor in an asset through a regularly conducted, noncollusive foreclosure sale or execution of a power of sale for the acquisition or disposition of the interest of the debtor upon default under a mortgage, deed of trust, or security agreement.
[Pre-2002 Recodification Citation: 32-2-7-13.]
As added by P.L.2-2002, SEC.3. Amended by P.L.61-2017, SEC.12.

Structure Indiana Code

Indiana Code

Title 32. Property

Article 18. Interests of Creditors in Property

Chapter 2. Uniform Fraudulent Transfer Act

32-18-2-0.2. Application of Prior Law to Transfers and Obligations

32-18-2-1. Applicability of Chapter

32-18-2-2. Definitions

32-18-2-3. Repealed

32-18-2-4. Repealed

32-18-2-5. Repealed

32-18-2-6. Repealed

32-18-2-7. Repealed

32-18-2-8. Repealed

32-18-2-9. Repealed

32-18-2-10. Repealed

32-18-2-11. Repealed

32-18-2-12. Insolvency

32-18-2-13. Value; When Given; Default Under Mortgage, Deed of Trust, or Security Agreement

32-18-2-14. Transfers Voidable as to Present and Future Creditors; Debtor's Actual Intent; Transfer Made Without Receipt of Equivalent Value in Exchange; Factors in Determining Actual Intent; Creditor's Burden of Proof

32-18-2-15. Transfers Voidable as to Present Creditors; Creditor's Burden of Proof

32-18-2-16. Transfers and Obligations; When Considered Made or Incurred

32-18-2-17. Remedies of Creditor

32-18-2-18. Person Taking in Good Faith and for Equivalent Value; Creditor's Remedies; Limits on Recovery; Judgments Based on Value of Asset Transferred; Remedies of Good Faith Transferees or Obligees; Transfer Resulting From Lease Termination or Enf...

32-18-2-19. Statutes of Limitation; Extinguishment of Claim for Relief

32-18-2-19.3. Determination of Debtor's Location; Governing Law in Claim for Relief

32-18-2-19.5. Series Organizations; Protected Series; Considered Separate Persons

32-18-2-20. Supplementary Provisions

32-18-2-21. Uniformity of Application and Construction

32-18-2-22. Relation to Federal Electronic Signatures in Global and National Commerce Act

32-18-2-23. Relation to Uniform Voidable Transactions Act; Citation; Interpretation