IC 37-1-2-39: "Tablefunded"

Sec. 39. "Tablefunded" means a transaction in which:

(1) a person closes a first lien mortgage transaction in the person's own name as a mortgagee with funds provided by one (1) or more other persons; and

(2) the transaction is assigned, not later than one (1) business day after the funding of the transaction, to the mortgage creditor providing the funding.