§ 24-5-15-3 — "Extension of credit" defined

Indiana § 24-5-15-3

• Jurisdiction: Indiana
• Art. 5: CONSUMER SALES
• Ch. 15: Credit Services Organizations

Text

As used in this chapter, "extension of credit"
means the right to:
(1) defer payment of debt offered or granted primarily for
personal, family, or household purposes;
(2) incur debt and defer payment of the debt offered or granted
primarily for personal, family, or household purposes; or
(3) delay or avoid foreclosure on a buyer's residence.

Legislative History

As added by P.L.142-1990, SEC.1. Amended by P.L.171-2006, SEC.2.