Ind. Code § 26-1-1-203 : COMMERCIAL LAW — UNIFORM COMMERCIAL CODE — GENERAL PROVISIONS —1-1-203 - Obligation of good faith TEXT PDF Every contract or duty within IC 26-1 imposes an obligation of good faith in its performance or enforcement. IC 26-1-1-203 (Formerly: Acts 1963, c.317, s.1-203.) As amended by P.L. 152-1986, SEC.116.