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.

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