{"data":{"id":"us-in/ic-37-5-4-12","jurisdiction":"us-in","citation":"IC 37-5-4-12","heading":"High cost home loan agreements; unconscionable and void provisions","body":"Sec. 12. Without regard to whether a borrower is acting individually or on behalf of others similarly situated, a provision of a high cost home loan agreement that:\n(1) requires arbitration of a claim or defense;\n(2) allows a party to require a borrower to assert a claim or defense in a forum that is:\n(A) less convenient;\n(B) more costly; or\n(C) more dilatory;\nfor the resolution of the dispute than an Indiana court in which the borrower may otherwise bring a claim or defense; or\n(3) limits in any way any claim or defense the borrower may have;\nis unconscionable and void.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 5. HOME LOAN PRACTICES","Chapter 4. Additional Prohibitions for High Cost Home Loans"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-5-4-12","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"b845c65d5b2908dd1f6904da9681e3ba7ab92ebfc88d60e88a7d31da366d0036","source_id":"us-in","stale":false,"prev":"us-in/ic-37-5-4-11","next":"us-in/ic-37-5-5-1"},"notice":"GroundRules: Original legal text. Not legal advice."}