IC 37-2-2-27.5: "Loan"
Where this section sits in the code
- TITLE 37. CONSUMER LENDING
- ARTICLE 2. UNIFORM CONSUMER CREDIT CODE
- Chapter 2. Definitions
Sec. 27.5. "Loan" includes:
(1) the creation of debt by the lender's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor;
(2) the creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately;
(3) the creation of debt pursuant to a lender credit card or similar arrangement; and
(4) the forbearance of debt arising from a loan.
Collected 2026-08-22T06:53:15Z. Source file · JSON