Indiana Statutes

§ 26-2-9-1 — "Credit agreement"

Indiana·Title 26 COMMERCIAL LAW·Art. 2 COMMERCIAL TRANSACTIONS·Ch. 9 Credit Agreements
(a)As used in this chapter, "credit agreement" means an agreement to:
(1)lend or forbear repayment of money, goods, or things in action;
(2)otherwise extend credit; or
(3)make any other financial accommodation.
(b)The term includes an agreement to:
(1)amend or modify an agreement;
(2)enter into a new agreement;
(3)forbear from exercising rights under an agreement; or
(4)grant an extension under an agreement; described in subsection (a). [Pre-2002 Title 32 Recodification Citation: 32-2-1.5-1.]

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Legislative History

As added by P.L.2-2002, SEC.79. Amended by P.L.10-2006, SEC.25 and P.L.57-2006, SEC.25; P.L.76-2011, SEC.1.

Nearby Sections

15
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