Indiana Code 24-5-16-2. “Direct loan agreement” defined
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 24-5-16-2
- purchaser: has the meaning set forth in IC 26-1-1-201(33). See Indiana Code 24-5-16-6
- vehicle: has the meaning set forth in IC 24-4-9-8. See Indiana Code 24-5-16-11
Sec. 2. As used in this chapter, “direct loan agreement” means an agreement between a lender and a purchaser by which the lender has advanced funds under a loan secured by the vehicle that the purchaser has purchased.
As added by P.L.80-1990, SEC.16.