Indiana Code 28-15-8-1. Transactions regarding interests in certain loans
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Sec. 1. A savings association may make, buy, sell, or hold interests in the following loans:
(2) Real estate mortgage loans on real property or leasehold improvements insured or guaranteed by any state of the United States, the United States government, or any of the agencies or government sponsored enterprises of the United States government.
(1) Mobile home loans.
Terms Used In Indiana Code 28-15-8-1
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(3) Loans for construction and development of residential or commercial property.
(4) Secured or unsecured consumer loans or leases.
(5) Secured or unsecured commercial loans or leases.
(6) Education loans.
As added by P.L.193-1997, SEC.2.