Indiana Code > Title 24 > Article 5 > Chapter 23 – Marketing by Mortgage Lenders
Current as of: 2023 | Check for updates
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Other versions
| § 24-5-23-1 | “Mortgage lender” |
| § 24-5-23-2 | Marketing materials and solicitations; use of name of existing mortgage lender prohibited; permissible uses and references; remedies |
Terms Used In Indiana Code > Title 24 > Article 5 > Chapter 23 - Marketing by Mortgage Lenders
- 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
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- mortgage lender: means the original lender under a mortgage and the original lender's successors and assigns, including insurance companies, trust companies, banks, investment companies, savings banks, savings associations, credit unions, executors, trustees, and other fiduciaries, or any other mortgagee authorized to do business in this state. See Indiana Code 24-5-23-1
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.