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2023 Indiana Code
Title 24. Trade Regulation
Article 4.5. Uniform Consumer Credit Code
Chapter 7. Small Loans
24-4.5-7-109. Paid in Full
Universal Citation:
IN Code § 24-4.5-7-109 (2023)
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Sec. 109. "Paid in full" means the termination of a small loan through:
(1) the presentment of the borrower's check for payment by the drawee bank or the exercise by the lender of an authorization to debit an account of the borrower; or
(2) the return of a check to a borrower who redeems it for consideration.
As added by P.L.38-2002, SEC.1. Amended by P.L.73-2004, SEC.21; P.L.10-2006, SEC.13 and P.L.57-2006, SEC.13.
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