Indiana Code
Ind. Code § 32-21-1-2 (2025)
Consideration for agreement; writing not required
✓ 2025 Indiana Code: the 2026 session is not included
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.
Notes of Decisions
Cited in 1
case, 2020–2020 · leading case: Kenneth Stephens v. Richard Tabscott, 159 N.E.3d 634 (Ind. Ct. App. 2020).
Kenneth Stephens v. Richard Tabscott, 159 N.E.3d 634 (Ind. Ct. App. 2020). “I.C. § 32-21-1-2 provides: “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.”
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