24-5-16-2. "Direct loan agreement" defined

IN Code § 24-5-16-2 (2019) (N/A)
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Sec. 2. As used in this chapter, "direct loan agreement" means an agreement between a lender and a purchaser by which the lender has advanced funds under a loan secured by the vehicle that the purchaser has purchased.

As added by P.L.80-1990, SEC.16.