Indiana Code Title 27. Insurance § 27-9-3.1-6

(1) allows the parties to a previous agreement to aggregate the amounts owing by each party under all transactions that are outstanding under the previous agreement;  and

(2) replaces the amounts owing under the previous agreement with a single net amount:

(1) In the event of a relevant default (including counterparty bankruptcy) as specified in the previous agreement, all transactions of a certain type are netted at:

(2) Under the new agreement, the parties agree that legal obligations of the parties to make required payments under at least one (1) series of related transactions under the previous agreement are:

(3) In the event of a cash settled trade, the parties agree that legal obligations of:

under related or unrelated transactions are canceled and replaced by the cash settled trade.