Ind. Code § 37-2-6-8
First lien mortgage transactions; civil liability for disclosure violations; debtor's right to rescind
As added by P.L.115-2026, SEC.97.
For purposes of the provisions on civil liability for violation of disclosure provisions set forth in section 10 of this chapter and on a debtor's right to rescind certain transactions set forth in section 11 of this chapter a:
- (1) consumer credit sale includes a sale that is a first lien mortgage transaction if the sale is otherwise a consumer credit sale; and
(2) consumer loan includes a loan that is a first lien mortgage transaction if the loan is otherwise a consumer loan.
[Pre-2026 Revision Citation: 24-4.5-5-201.]
As added by P.L.115-2026, SEC.97.