Indiana § 28-10-2-24 No negative inference or presumption as to validity or enforceability of
certain terms

Indiana Statutes

§ 28-10-2-24 — No negative inference or presumption as to validity or enforceability of certain terms

Indiana·Art. 10 GENERAL PROVISIONS AND DEFINITIONS·Ch. 2 LIBOR Discontinuance and Replacement

Except as provided in sections 17 and 18 of this chapter, this chapter shall not be construed as creating any negative inference or negative presumption regarding the validity or enforceability of any of the following:

(1)Any benchmark replacement that is not a recommended benchmark replacement.

(2)Any spread adjustment, or method for calculating or determining a spread adjustment, that is not a recommended spread adjustment.

(3)Any changes, alterations, or modifications with respect to a contract, security, or instrument that are not benchmark replacement conforming changes.

Free access — add to your briefcase to read the full text and ask questions with AI

Except as provided in sections 17 and 18 of
this chapter, this chapter shall not be construed as creating any negative
inference or negative presumption regarding the validity or
enforceability of any of the following:
(1) Any benchmark replacement that is not a recommended
benchmark replacement.
(2) Any spread adjustment, or method for calculating or
determining a spread adjustment, that is not a recommended
spread adjustment.
(3) Any changes, alterations, or modifications with respect to a
contract, security, or instrument that are not benchmark
replacement conforming changes.

Indiana § 28-10-2-24 (No negative inference or presumption as to validity or enforceability of certain terms) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.