Consideration for agreement; writing not required

Ind. Code § 32-21-1-2
in effect
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Sec. 2. The consideration that is the basis of a promise, contract, or agreement described in section 1 of this chapter does not need to be in writing but may be proved. [Pre-2002 Recodification Citation: 32-2-1-2.] As added by P.L.2-2002, SEC.6.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/32Fetched: 10/17/2026