Ind. Code § 28-10-2-12

Current through P.L. 171-2024
Section 28-10-2-12 - "Recommended benchmark replacement"

As used in this chapter, "recommended benchmark replacement", with respect to a particular type of contract, security, or instrument, means a benchmark replacement based on SOFR, including any recommended spread adjustment and any benchmark replacement conforming changes, that is selected or recommended by a relevant recommending body with respect to the type of contract, security, or instrument.

IC 28-10-2-12

Added by P.L. 67-2022,SEC. 1, eff. 3/10/2022.