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Ind. Code § 27-9-3.1-1

"Actual direct compensatory damages"

As added by P.L.11-2011, SEC.36

Sec. 1. (a) As used in this chapter, "actual direct compensatory damages" includes:

(1) normal and reasonable costs of cover; and

(2) other reasonable measures of damages used in the derivatives market, the securities market, or another market for contract claims.

(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.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.