Indiana Statutes
§ 24-9-4-5 — Acceleration after default
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.
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