Sec. 5. (a) A home loan agreement may not contain a provision that permits the creditor, in the creditor's sole discretion, to accelerate the indebtedness without material cause. (b) This section does not prohibit acceleration of a home loan in good faith due to the borrower's failure to abide by the material terms of the loan. [Pre-2026 Revision Citation: 24-9-3-5.] As added by P.L.115-2026, SEC.97.
Loan acceleration
Ind. Code § 37-5-3-5, under Prohibited Lending Practices Generally.
Ind. Code § 37-5-3-5