IC 37-3-1-3: Applicability to loans other than small loans; loan finance charge

Sec. 3. A loan that:

(1) does not qualify as a small loan under IC 37-3-2-10;

(2) is for a term shorter than that specified in IC 37-3-3-5(a); or

(3) is made in violation of section IC 37-3-3-2, IC 37-3-3-5, IC 37-3-3-6, IC 37-3-3-8, or IC 37-3-3-12;

is subject to this article. The department may conform the loan finance charge for a loan described in this section to the limitations set forth in IC 37-2-4-35(b).