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§ 24-13-1-3 — Indiana Law | CourtGPT
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  6. Chapter 1 - Definitions24-13-1-1. Definitions/
  7. § 24-13-1-3
Indiana Legal Code

§ 24-13-1-3

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'Commercially reasonable terms' means the repurchase of current and marketable inventory within twelve (12) months after the date of purchase at not less than ninety percent (90%) of the original net cost, less appropriate set-offs and legal claims, if any.As added by P.L.105-2017, SEC.3.