Indiana Statutes
§ 24-4.5-2-414 — Limitation on default charges
Indiana § 24-4.5-2-414
This text of Indiana § 24-4.5-2-414 (Limitation on default charges) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 24-4.5-2-414 (2026).
Text
Limitation on Default Charges — Except
for reasonable expenses incurred in realizing on a security interest, the
agreement with respect to a consumer credit sale may not provide for
any charges as a result of default by the buyer other than those
authorized by this Article. A provision in violation of this section is
unenforceable.
Formerly: Acts 1971, P.L.366, SEC.3.
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Bluebook (online)
Indiana § 24-4.5-2-414, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-4.5-2-414.