Indiana Statutes

§ 24-9-3-3 — Default on existing loan

Indiana·Art. 9 HOME LOAN PRACTICES·Ch. 3 Prohibited Lending Practices Generally
A creditor may not recommend or encourage default on an existing loan or other debt before and in connection with the closing or planned closing of a home loan that refinances all or part of the existing loan or debt.

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Legislative History

As added by P.L.73-2004, SEC.33.

Nearby Sections

15
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