Sec. 201. For purposes of the provisions on civil liability for violation of disclosure provisions (IC 24-4.5-5-203) and on debtor's right to rescind certain transactions (IC 24-4.5-5-204):
(1) consumer credit sale includes a sale that is a first lien mortgage transaction if the sale is otherwise a consumer credit sale; and
(2) consumer loan includes a loan that is a first lien mortgage transaction if the loan is otherwise a consumer loan.
Formerly: Acts 1971, P.L.366, SEC.6. As amended by Acts 1981, P.L.218, SEC.7; P.L.152-1986, SEC.69; P.L.35-2010, SEC.62.
Structure Indiana Code
Article 4.5. Uniform Consumer Credit Code
Chapter 5. Remedies and Penalties
24-4.5-5-0.1. Application of Certain Amendments to Chapter
24-4.5-5-103. Restrictions on Deficiency Judgments in Consumer Credit Sales
24-4.5-5-104. No Garnishment Before Judgment
24-4.5-5-105. Limitation on Garnishment and Proceedings Supplemental to Execution; Employer's Fee
24-4.5-5-106. No Discharge From Employment for Garnishment
24-4.5-5-107. Extortionate Extensions of Credit
24-4.5-5-108. Unconscionability
24-4.5-5-202. Effect of Violations on Rights of Parties
24-4.5-5-203. Civil Liability for Violation of Disclosure Provisions
24-4.5-5-205. Refunds and Penalties as Set-Off to Obligation