Ind. Code § 37-2-3-2
"Precomputed"
As added by P.L.115-2026, SEC.97.
A sale, refinancing, or consolidation is considered precomputed if the debt is expressed as a sum comprising the amount financed and the amount of the credit service charge computed in advance.
[Pre-2026 Revision Citation: 24-4.5-2-105(7).]
As added by P.L.115-2026, SEC.97.