Indiana Statutes
§ 28-15-11-1 — "Adjustable mortgage loan"
Indiana § 28-15-11-1
JurisdictionIndiana
Art. 15SAVINGS ASSOCIATIONS
Ch. 11Alternative Mortgage Loans of Savings Associations
This text of Indiana § 28-15-11-1 ("Adjustable mortgage loan") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 28-15-11-1 (2026).
Text
As used in this chapter, "adjustable mortgage loan" means a loan:
(1)whose terms permit adjustments to the interest rate that:
(A)reflect the movement of the money cost index; and
(B)are implemented through changes in the monthly payment
amounts, adjustments to the outstanding principal loan balance,
or changes in the loan term; and
(2)whose term does not exceed forty (40) years.
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Legislative History
As added by P.L.193-1997, SEC.2.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
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Bluebook (online)
Indiana § 28-15-11-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-15-11-1.