Sealed and Unsealed Writings; Conveyances; Compromise or Settlement

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Sec. 1. (a) There is no difference in evidence between sealed and unsealed writings. Every writing that is not sealed has the same force and effect that it would have if sealed.

(b) A writing under seal, except conveyances of real estate or any interest in real estate, may be changed or altogether discharged by a writing not under seal.

(c) An agreement in writing, without a seal, for the compromise or settlement of a debt, is as obligatory as if a seal were affixed.

[Pre-1998 Recodification Citation: 34-1-16-3.]

As added by P.L.1-1998, SEC.33.


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