{"data":{"id":"us-in/ic-37-2-2-47","jurisdiction":"us-in","citation":"IC 37-2-2-47","heading":"\"Subordinate lien mortgage transaction\"","body":"Sec. 47. \"Subordinate lien mortgage transaction\" means:\n(1) a consumer loan; or\n(2) a consumer credit sale;\nthat is or will be used by the debtor primarily for personal, family, or household purposes and that is secured by a mortgage or a land contract (or another consensual security interest equivalent to a mortgage or a land contract) that constitutes a subordinate lien on a dwelling or on residential real estate upon which a dwelling is constructed or intended to be constructed.","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#37-2-2-47","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"7c8e7a529cbc7efa3fc962c1bc84c01c10153fdb1a25b43ad783b64329871b9a","source_id":"us-in","stale":false,"prev":"us-in/ic-37-2-2-46.7","next":"us-in/ic-37-2-2-47.3"},"notice":"GroundRules: Original legal text. Not legal advice."}