"Retainage"

Ind. Code § 15-12-3-9, under Chapter 3. Repurchase of Farm or Industrial Machinery Inventory.

Ind. Code § 15-12-3-9

Sec. 9. As used in this chapter, "retainage" refers to various purchase, invoice, and other discounts held by the supplier and due the retailer at a later time. [Pre-2008 Recodification Citation: 15-7-7-9.] As added by P.L.2-2008, SEC.3.