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§ 28-10-2-9 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 10 - General Provisions and Definitions/
  6. Chapter 2 - Libor Discontinuance and Replacement28-10-2-1. Applicability; Conflicts with Other Indiana Code Provisions/
  7. § 28-10-2-9
Indiana Legal Code

§ 28-10-2-9

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(a) As used in this chapter, 'LIBOR' means United States Dollar LIBOR (formerly known as the London Interbank Offered Rate), as administered by Intercontinental Exchange Benchmark Administration Limited (or by any predecessor or successor entity), that is used in making any calculation or determination under a particular contract, security or instrument.(b) The term includes any:(1) predecessor or successor of LIBOR; and(2) tenor of LIBOR.As added by P.L.67-2022, SEC.1.