24-9-2-5. "Bridge loan"

IN Code § 24-9-2-5 (2019) (N/A)
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Sec. 5. "Bridge loan" means temporary or short term financing with a maturity of less than eighteen (18) months that requires payments of interest only until the entire unpaid balance is due and payable.

As added by P.L.73-2004, SEC.33.