Indiana Statutes

§ 8-14.5-2-13 — Weighted average life

Indiana § 8-14.5-2-13
JurisdictionIndiana
Art. 14.5LEASE FINANCING FOR TRANSPORTATION
Ch. 2Definitions

This text of Indiana § 8-14.5-2-13 (Weighted average life) 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 § 8-14.5-2-13 (2026).

Text

"Weighted average life" of an issue of bonds or notes means:

(1)the sum of the products of the face amount of each maturity and the number of years to maturity (determined separately for each maturity and by taking into account mandatory sinking fund redemptions); divided by
(2)the face amount of the entire issue of bonds or notes.

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

Legislative History

As added by P.L.68-1988, SEC.12.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 8-14.5-2-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-14.5-2-13.