Ind. Code § 28-10-2-8

Current through P.L. 171-2024
Section 28-10-2-8 - "Fallback provisions"

As used in this chapter, "fallback provisions" means terms that are included in a contract, security, or instrument and that set forth a methodology or procedure for determining a benchmark replacement, including any terms relating to the effective date of the benchmark replacement, regardless of whether a benchmark replacement can be determined in accordance with the specified methodology or procedure.

IC 28-10-2-8

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