Indiana Code § 26-1-2.1-302

Title to and possession of goods
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Sec. 302. Except as otherwise provided in IC 26-1-2.1 , each provision of IC 26-1-2.1 applies whether the lessor or a third party has title to the goods, and whether the lessor, the lessee, or a third party has possession of the goods, notwithstanding any statute or rule of law that possession or the absence of possession is fraudulent.

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