Indiana Statutes

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

Indiana § 24-9-4-5
JurisdictionIndiana
Art. 9HOME LOAN PRACTICES
Ch. 4Additional Prohibitions for High Cost Home Loans

This text of Indiana § 24-9-4-5 (Acceleration after default) 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 § 24-9-4-5 (2026).

Text

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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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 24-9-4-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-9-4-5.