"Loan" includes:

1. (1) the creation of debt by:

   1. (A) the creditor's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor; or
   2. (B) the extension of credit by a person who engages as a seller in credit transactions primarily secured by an interest in land;
2. (2) the creation of debt by a credit to an account with the creditor upon which the debtor is entitled to draw immediately; and

3. (3) the forbearance of debt arising from a loan.

   [Pre-2026 Revision Citation: 24-4.4-1-301(18).]

As added by P.L.115-2026, SEC.97.