Sec. 188. "Security interest", for purposes of section 113 of this chapter, means an interest in property created by a contract to secure the payment of a debt or the performance of an obligation. As added by P.L.186-2025, SEC.176.
Ind. Code § 34-6-2.1-188, under Definitions.
Ind. Code § 34-6-2.1-188
Sec. 188. "Security interest", for purposes of section 113 of this chapter, means an interest in property created by a contract to secure the payment of a debt or the performance of an obligation. As added by P.L.186-2025, SEC.176.