Sec. 402. Use of Multiple Agreements — A seller may not use multiple agreements with intent to obtain a higher credit service charge than would otherwise be permitted by this Article or to avoid disclosure of an annual percentage rate pursuant to the provisions on disclosure and advertising (Part 3). The excess amount of credit service charge provided for in agreements in violation of this section is an excess charge for the purposes of the provisions on the effect of violations on rights of parties (IC 24-4.5-5-202) and the provisions on civil actions by the department (IC 24-4.5-6-113).
Formerly: Acts 1971, P.L.366, SEC.3. As amended by P.L.14-1992, SEC.19.
Structure Indiana Code
Article 4.5. Uniform Consumer Credit Code
24-4.5-2-106. "Consumer Lease"
24-4.5-2-108. "Revolving Charge Account"
24-4.5-2-109. "Credit Service Charge"
24-4.5-2-111. "Amount Financed"
24-4.5-2-203.5. Delinquency Charges
24-4.5-2-204. Deferral Charges
24-4.5-2-205. Credit Service Charge on Refinancing
24-4.5-2-206. Credit Service Charge on Consolidation
24-4.5-2-208. Advances to Perform Covenants of Buyer
24-4.5-2-210. Rebate Upon Prepayment
24-4.5-2-301. Disclosures Required by Consumer Credit Protection Act; Exempt Transactions
24-4.5-2-402. Use of Multiple Agreements
24-4.5-2-405. Balloon Payments
24-4.5-2-406. Restriction on Liability in Consumer Lease
24-4.5-2-407. Security Interests
24-4.5-2-407.5. Leasing of Live Domestic Animals Prohibited
24-4.5-2-408. Cross-Collateral
24-4.5-2-409. Debt Secured by Cross-Collateral
24-4.5-2-410. No Assignment of Earnings
24-4.5-2-412. Notice of Assignment
24-4.5-2-414. Limitation on Default Charges
24-4.5-2-415. Authorization to Confess Judgment Prohibited
24-4.5-2-501. "Home Solicitation Sale"
24-4.5-2-502. Buyer's Right to Cancel
24-4.5-2-601. Sale Subject to Article by Agreement of Parties
24-4.5-2-603. Applicability of Other Provisions to Consumer Related Sales
24-4.5-2-604. Limitation on Default Charges in Consumer Related Sales