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2019 Indiana Code
Title 32. Property
Article 30. Causes of Action Concerning Real Property
Chapter 10.5. Foreclosure Prevention Agreements for Residential Mortgages
32-30-10.5-2. "Creditor"

Universal Citation:
IN Code § 32-30-10.5-2 (2019)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
IC 32-30-10.5-2 "Creditor"

Sec. 2. (a) As used in this chapter, "creditor" means a person:

(1) that regularly engages in the extension of mortgages that are subject to a credit service charge or loan finance charge, as applicable, or are payable by written agreement in more than four (4) installments (not including a down payment); and

(2) to which the obligation is initially payable, either on the face of the note or contract, or by agreement if there is not a note or contract.

(b) The term includes a mortgage servicer.

As added by P.L.105-2009, SEC.20.

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