Indiana § 28-10-2-24 - No negative inference or presumption as to validity or enforceability of certain terms
Full text of Indiana Indiana Code § 28-10-2-24 — No negative inference or presumption as to validity or enforceability of certain terms, with citation guidance and answers to common questions.
§ 28-10-2-24. No negative inference or presumption as to validity or enforceability of certain terms
Sec. 24. 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.
As added by P.L.67-2022, SEC.1.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-10-2-24
What does Indiana Code § 28-10-2-24 cover?
Section 28-10-2-24 ("No negative inference or presumption as to validity or enforceability of certain terms") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 28-10-2-24?
A common citation format is "Indiana Code § 28-10-2-24" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 28-10-2-24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.