Sec. 107. "Renewal" refers to a small loan that takes the place of an existing small loan by:
(a) renewing;
(b) repaying;
(c) refinancing; or
(d) consolidating;
a small loan with the proceeds of another small loan made to the same borrower by a lender.
As added by P.L.38-2002, SEC.1. Amended by P.L.73-2004, SEC.19.
Structure Indiana Code
Article 4.5. Uniform Consumer Credit Code
24-4.5-7-108. Consecutive Small Loan
24-4.5-7-110. Monthly Gross Income
24-4.5-7-112. Lender Not Considered a Financial Institution
24-4.5-7-301. Disclosures; Informational Brochure
24-4.5-7-401. Term of Loan; Consecutive Small Loans; Extended Payment Plans
24-4.5-7-403. Security for Loan
24-4.5-7-405. Carrying on Other Business
24-4.5-7-406. Borrower's Default; Permissible and Prohibited Remedies; Notice to Borrower
24-4.5-7-410. Prohibited Acts by Lender
24-4.5-7-411. Exemption of Finance Charges
24-4.5-7-412. Endorsement of Check
24-4.5-7-413. Surety Bond; Requirements; Amount; Termination; Liability; Notices