Indiana Statutes

§ 28-10-2-9 — "LIBOR"

Indiana·Art. 10 GENERAL PROVISIONS AND DEFINITIONS·Ch. 2 LIBOR Discontinuance and Replacement
(a)As used in this chapter, "LIBOR" means United States Dollar LIBOR (formerly known as the London Interbank Offered Rate), as administered by Intercontinental Exchange Benchmark Administration Limited (or by any predecessor or successor entity), that is used in making any calculation or determination under a particular contract, security or instrument.
(b)The term includes any:
(1)predecessor or successor of LIBOR; and
(2)tenor of LIBOR.

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Legislative History

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

Nearby Sections

15
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