Indiana Statutes

§ 24-9-4-5 — Acceleration after default

Indiana·Art. 9 HOME LOAN PRACTICES·Ch. 4 Additional Prohibitions for High Cost Home Loans
A high cost home loan may not contain a provision that increases the interest rate after default. However, this section does not apply to interest rate changes in a variable rate loan otherwise consistent with the provisions of the high cost home loan documents if the change in the interest rate is not triggered by the event of default or the acceleration of the indebtedness.

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Indiana § 24-9-4-5 (Acceleration after default) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.73-2004, SEC.33.

Nearby Sections

15
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