Allocation or division of risks

Ind. Code § 26-1-2-303
in effect
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Sec. 303. Where IC 26-1-2 allocates a risk or a burden as between the parties "unless otherwise agreed," the agreement may not only shift the allocation but may also divide the risk or burden. Formerly: Acts 1963, c.317, s.2-303. As amended by P.L.152-1986, SEC.130.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/26Fetched: 10/17/2026

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