Indiana Statutes

§ 28-10-2-12 — "Recommended benchmark replacement"

Indiana·Art. 10 GENERAL PROVISIONS AND DEFINITIONS·Ch. 2 LIBOR Discontinuance and Replacement
As used in this chapter, "recommended benchmark replacement", with respect to a particular type of contract, security, or instrument, means a benchmark replacement based on SOFR, including any recommended spread adjustment and any benchmark replacement conforming changes, that is selected or recommended by a relevant recommending body with respect to the type of contract, security, or instrument.

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Legislative History

As added by P.L.67-2022, SEC.1.

Nearby Sections

15
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