"Determining person"
Ind. Code § 28-10-2-7
in effectSec. 7. As used in this chapter, "determining person", with respect to a particular contract, security, or instrument, means:
(1) a person specified as the determining person with respect to the contract, security, or instrument; or
(2) if there is not a person specified as the determining person with respect to the contract, security, or instrument, the following, in order of priority:
(A) A person with the authority, right, or obligation to determine the benchmark replacement that will take effect on the LIBOR replacement date.
(B) If there is not a person described in clause (A) with respect to the contract, security, or instrument, a person with the authority, right, or obligation to calculate or determine a valuation, payment, or other measurement based on a benchmark.
(C) If there is not a person described in clause (A) or (B) with respect to the contract, security, or instrument, a person with the authority, right, or obligation to notify other persons of the occurrence of a LIBOR discontinuance event, a LIBOR replacement date, or a benchmark replacement.
As added by P.L.67-2022, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026