Indiana Statutes
§ 24-4.5-3-405 — Limitation on default charges
Indiana § 24-4.5-3-405
This text of Indiana § 24-4.5-3-405 (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 § 24-4.5-3-405 (2026).
Text
Limitation on Default Charges — Except
for reasonable expenses incurred in realizing on a security interest, the
agreement with respect to a consumer loan may not provide for charges
as a result of default by the debtor other than those authorized by this
Article. A provision in violation of this section is unenforceable.
Formerly: Acts 1971, P.L.366, SEC.4.
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Related
Bullock v. Credit Bureau of Greater Indianapolis, Inc.
272 F. Supp. 2d 780 (S.D. Indiana, 2003)
Nearby Sections
15
§ 24-1-1-3
Offense§ 24-1-1-4
Persons affected by chapter; exception§ 24-1-1-5
Civil suit for damages§ 24-1-1-6
Special grand jury instructions§ 24-1-2-10
Person; definition§ 24-1-2-2
Monopoly; offenseCite This Page — Counsel Stack
Bluebook (online)
Indiana § 24-4.5-3-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-4.5-3-405.