Consideration for Agreement; Writing Not Required

  1. Law
  2. Indiana Code
  3. Property
  4. Conveyance Procedures for Real Property
  5. Statute of Frauds; Writing Requirements
  6. Consideration for Agreement; Writing Not Required

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Sec. 2. The consideration that is the basis of a promise, contract, or agreement described in section 1 of this chapter does not need to be in writing but may be proved.

[Pre-2002 Recodification Citation: 32-2-1-2.]

As added by P.L.2-2002, SEC.6.


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