Sec. 108. "Consecutive small loan" means a new small loan agreement that the lender enters with the same borrower not later than seven (7) calendar days after a previous small loan made to that borrower is paid in full.
As added by P.L.38-2002, SEC.1. Amended by P.L.73-2004, SEC.20.
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