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 § 28-10-2-24

Art. 10GENERAL PROVISIONS AND DEFINITIONS

Ch. 2LIBOR Discontinuance and Replacement

This text of Indiana § 28-10-2-24 (No negative inference or presumption as to validity or enforceability of certain terms) 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 § 28-10-2-24 (2026).

Text

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.

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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.