{"data":{"id":"us-in/ic-27-9-3.1-13","jurisdiction":"us-in","citation":"IC 27-9-3.1-13","heading":"Damages","body":"Sec. 13. (a) If a counterparty to a netting agreement or qualified financial contract with an insurer that is subject to a proceeding under IC 27-9-3 terminates, liquidates, closes out, or accelerates the netting agreement or qualified financial contract, damages must be measured as of the date of termination, liquidation, close-out, or acceleration.\n(b) The amount of a claim for damages under subsection (a) is equal to the actual direct compensatory damages calculated in accordance with section 19 of this chapter.","path":["TITLE 27. INSURANCE","ARTICLE 9. SUPERVISION; REHABILITATION; LIQUIDATION","Chapter 3.1. Treatment of Certain Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-9-3.1-13","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"c32cdf26c91bb210764a543c09e095296f67885ddb93d210d58e6311ee503714","source_id":"us-in","stale":false,"prev":"us-in/ic-27-9-3.1-12","next":"us-in/ic-27-9-3.1-14"},"notice":"GroundRules: Original legal text. Not legal advice."}