28-15-11-11. "Standard mortgage loan"

IN Code § 28-15-11-11 (2019) (N/A)
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Sec. 11. As used in this chapter, "standard mortgage loan" means a loan under which the principal and interest are paid in equal monthly installments for a period of not more than forty (40) years.

As added by P.L.193-1997, SEC.2.