Terms Used In Indiana Code 24-4.5-3-404

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
   Sec. 404. With respect to a consumer loan the agreement may provide for the payment by the debtor of reasonable attorney‘s fees after default and referral to an attorney not a salaried employee of the lender. A provision in violation of this section is unenforceable.

Formerly: Acts 1971, P.L.366, SEC.4. As amended by P.L.152-1986, SEC.64; P.L.14-1992, SEC.31.