Ind. Code ch. 24-12-6

Ind. Code ch. 24-12-6
in effect

Ind. Code § 24-12-6-1 Consumer claimant entitled to assign contingent right to receive proceeds of civil proceeding

Sec. 1. A consumer claimant may assign the contingent right to receive an amount of the potential proceeds of a civil proceeding. As added by P.L.153-2016, SEC.7.

Ind. Code § 24-12-6-2 CPAP transaction not considered a loan

Sec. 2. This article may not be construed to cause any CPAP transaction that complies with this article to be considered a loan or to be otherwise subject to any other provisions of Indiana law governing loans. As added by P.L.153-2016, SEC.7.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/24Fetched: 10/17/2026

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