{"data":{"id":"us-in/ic-37-2-2-45","jurisdiction":"us-in","citation":"IC 37-2-2-45","heading":"\"Revolving loan account\"","body":"Sec. 45. \"Revolving loan account\" means an arrangement between a lender and a debtor pursuant to which:\n(1) the lender may permit the debtor to obtain loans from time to time;\n(2) the unpaid balances of principal and the loan finance and other appropriate charges are debited to an account;\n(3) a loan finance charge if made is not precomputed but is computed on the outstanding unpaid balances of the debtor's account from time to time; and\n(4) the debtor has the privilege of paying the balances in installments.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 2. UNIFORM CONSUMER CREDIT CODE","Chapter 2. Definitions"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-2-2-45","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"e8e3a5add8bb60a813a2c2b771076ada277c83d024e184fde96c48a412ddd745","source_id":"us-in","stale":false,"prev":"us-in/ic-37-2-2-44.7","next":"us-in/ic-37-2-2-45.1"},"notice":"GroundRules: Original legal text. Not legal advice."}