IC 37-1-2-23: "Loan"

Sec. 23. "Loan" includes:

(1) the creation of debt by:

(A) the creditor's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor; or

(B) the extension of credit by a person who engages as a seller in credit transactions primarily secured by an interest in land;

(2) the creation of debt by a credit to an account with the creditor upon which the debtor is entitled to draw immediately; and

(3) the forbearance of debt arising from a loan.