Indiana Statutes
§ 28-15-11-8 — "Mortgage loan"
As used in this chapter, "mortgage loan" means:
(1)a loan:
(A)secured by a mortgage on real estate that is improved by a
dwelling intended for occupancy by at least one (1) and not
more than four (4) families; and
(B)that includes:
(i)the note;
(ii)the mortgage; and
(iii)any other documents constituting the loan transaction; or
(2)a loan:
(A)secured by a mortgage on real estate that is improved by a
combination home and business building; and
(B)that includes:
(i)the note;
(ii)the mortgage; and
(iii)any other documents constituting the loan transaction.
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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
Safe deposits and escrows