Indiana Statutes

§ 24-4.5-7-107 — Renewal

Indiana·Art. 4.5 UNIFORM CONSUMER CREDIT CODE·Ch. 7 Small Loans

"Renewal" refers to a small loan that takes the place of an existing small loan by:

(a)renewing;
(b)repaying;
(c)refinancing; or
(d)consolidating; a small loan with the proceeds of another small loan made to the same borrower by a lender.

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Legislative History

As added by P.L.38-2002, SEC.1. Amended by P.L.73-2004, SEC.19.

Nearby Sections

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