Indiana Statutes
§ 30-2-9-6 — Liquidated damages
Indiana § 30-2-9-6
This text of Indiana § 30-2-9-6 (Liquidated damages) 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 § 30-2-9-6 (2026).
Text
It shall be unlawful for any such agreement or
agreements to provide for forfeiture and retention of payments upon
any such agreement or series of agreements as and for liquidated
damages for default of the agreement or series of agreements in excess
of ten percent (10%) of the payments made or thirty-five dollars ($35),
whichever sum is larger.
Formerly: Acts 1963, c.303, s.6. As amended by P.L.136-2018,
SEC.222.
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Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-2-9-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-2-9-6.