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Ind. Code § 37-2-2-27.5

"Loan"

Indiana · Indiana Code Title 37 — Consumer Lending · Status: effective

Banking, Finance & Insurance
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Ind. Code § 37-2-2-27.5, "Loan", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1689433
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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.