Indiana Statutes

§ 28-15-11-11 — "Standard mortgage loan"

Indiana·Art. 15 SAVINGS ASSOCIATIONS·Ch. 11 Alternative Mortgage Loans of Savings Associations
As used in this chapter, "standard mortgage loan" means a loan under which the principal and interest are paid in equal monthly installments for a period of not more than forty (40) years.

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Legislative History

As added by P.L.193-1997, SEC.2.

Nearby Sections

15
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