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Terms Used In Indiana Code 35-45-7-4

  • Contract: A legal written agreement that becomes binding when signed.
  • Loan: means any transaction described in section 3 of this chapter, whether or not the transaction is in the form of a loan as defined in Indiana Code 35-45-7-1
   Sec. 4. A loan or a contract for a loan which is made through loansharking is void.

As added by Acts 1980, P.L.207, SEC.1.