§ 26-2-9-2 — "Creditor"

Indiana § 26-2-9-2

• Jurisdiction: Indiana
• Title 26: COMMERCIAL LAW
• Art. 2: COMMERCIAL TRANSACTIONS
• Ch. 9: Credit Agreements

Text

As used in this chapter, "creditor" means:
(1) a bank, a savings bank, a trust company, a savings association,
a credit union, an industrial loan and investment company, or any
other financial institution regulated by any agency of the United
States or any state, including a consumer finance institution
licensed to make supervised or regulated loans under IC 24-4.5;
(2) a person authorized to sell and service loans for the Federal
National Mortgage Association or the Federal Home Loan
Mortgage Corporation, issue securities backed by the Government
National Mortgage Association, make loans insured by the United
States Department of Housing and Urban Development, make
loans guaranteed by the United States Department of Veterans
Affairs, or act as a correspondent of loans insured by the United
States Department of Housing and Urban Development or
guaranteed by the United States Department of Veterans Affairs;
or
(3) an insurance company or its affiliates that extend credit under
a credit agreement with a debtor.
[Pre-2002 Title 32 Recodification Citation:
32-2-1.5-2.]

Legislative History

As added by P.L.2-2002, SEC.79.