Current as of June 08, 2021 | Updated by FindLaw Staff
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Sec. 50.5. “Executive”, for purposes of IC 9-32-11-11(e), has the meaning set forth in IC 9-32-11-11(e).
(a) In this Code section, the following rules determine a debtor's location:
(1) A debtor who is an individual is located at the individual's principal residence;
(2) A debtor that is an organization and has only one place of business is located at its place of business; and
(3) A debtor that is an organization and has more than one place of business is located at its chief executive office.
(b) A cause of action in the nature of a claim for relief under this article is governed by the law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.
Cite this article: FindLaw.com - Indiana Code Title 9. Motor Vehicles § 9-13-2-50.5 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-9-motor-vehicles/in-code-sect-9-13-2-50-5/
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