"Actual direct compensatory damages"
Ind. Code § 27-9-3.1-1
in effectSec. 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.
As added by P.L.11-2011, SEC.36. Amended by P.L.13-2013, SEC.70.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026