Indiana Statutes
§ 28-14-3-20 — Compensation or commission for loan negotiation or trust execution not considered interest or usury
Indiana § 28-14-3-20
This text of Indiana § 28-14-3-20 (Compensation or commission for loan negotiation or trust execution not considered interest or usury) 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 § 28-14-3-20 (2026).
Text
The compensation or commission paid or
agreed to be paid for the negotiation of any loan or the execution of any
trust by a corporate fiduciary is not interest within the meaning of any
law of Indiana, and the excess of the compensation or commission over
any rate of interest permitted by the laws of Indiana shall not be
decreed or held to be usury in any court.
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Legislative History
As added by P.L.262-1995, SEC.90.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
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Bluebook (online)
Indiana § 28-14-3-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-14-3-20.