Ind. Code § 27-9-3.1-1

Current through P.L. 171-2024
Section 27-9-3.1-1 - "Actual direct compensatory damages"
(a) As used in this chapter, "actual direct compensatory damages" includes:
(1) normal and reasonable costs of cover; and
(2) other reasonable measures of damages used in the derivatives market, the securities market, or another market for contract claims.
(b) The term does not include:
(1) punitive or exemplary damages;
(2) damages for lost profit or lost opportunity; or
(3) damages for pain and suffering.

IC 27-9-3.1-1

Amended by P.L. 13-2013, SEC. 70, eff. 4/1/2013.
Added by P.L. 11-2011, SEC. 36, eff. 7/1/2011.