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Indiana Code Title 28. Financial Institutions § 28-14-3-20

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 20. The compensation or commission paid or agreed to be paid for the negotiation of any loan or the execution of any trust by a corporate fiduciary is not interest within the meaning of any law of Indiana, and the excess of the compensation or commission over any rate of interest permitted by the laws of Indiana shall not be decreed or held to be usury in any court.

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Cite this article: FindLaw.com - Indiana Code Title 28. Financial Institutions § 28-14-3-20 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-28-financial-institutions/in-code-sect-28-14-3-20/

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