Indiana Statutes

§ 24-5-16-2 — "Direct loan agreement" defined

Indiana·Art. 5 CONSUMER SALES·Ch. 16 Unlawful Motor Vehicle Subleasing
As used in this chapter, "direct loan agreement" means an agreement between a lender and a purchaser by which the lender has advanced funds under a loan secured by the vehicle that the purchaser has purchased.

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Legislative History

As added by P.L.80-1990, SEC.16.

Nearby Sections

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