Indiana Code 27-9-3.1-1. “Actual direct compensatory damages”
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Sec. 1. (a) As used in this chapter, “actual direct compensatory damages” includes:
(2) other reasonable measures of damages used in the derivatives market, the securities market, or another market for contract claims.
(1) normal and reasonable costs of cover; and
Terms Used In Indiana Code 27-9-3.1-1
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
(b) The term does not include:
(1) punitive or exemplary damages;
(2) damages for lost profit or lost opportunity; or
(3) damages for pain and suffering.
As added by P.L.11-2011, SEC.36. Amended by P.L.13-2013, SEC.70.