Indiana § 30-2-9-6 - Liquidated damages
Full text of Indiana Indiana Code § 30-2-9-6 — Liquidated damages, with citation guidance and answers to common questions.
§ 30-2-9-6. Liquidated damages
Sec. 6. 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.
Frequently Asked Questions About Indiana § 30-2-9-6
What does Indiana Code § 30-2-9-6 cover?
Section 30-2-9-6 ("Liquidated damages") 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 § 30-2-9-6?
A common citation format is "Indiana Code § 30-2-9-6" (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 § 30-2-9-6 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.