Indiana Statutes
§ 24-9-3-5 — Loan acceleration
Indiana § 24-9-3-5
This text of Indiana § 24-9-3-5 (Loan acceleration) 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 § 24-9-3-5 (2026).
Text
(a)A home loan agreement may not contain a
provision that permits the creditor, in the creditor's sole discretion, to
accelerate the indebtedness without material cause.
(b)This section does not prohibit acceleration of a home loan in
good faith due to the borrower's failure to abide by the material terms
of the loan.
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Legislative History
As added by P.L.73-2004, SEC.33.
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 § 24-9-3-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-9-3-5.