"Principal"

Ind. Code § 37-3-2-8
in effect
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Sec. 8. "Principal" means the total of: (1) the net amount paid to, receivable by, or paid or payable from the account of the borrower; and (2) to the extent that the payment is deferred, the additional charges permitted by this chapter that are not included in subdivision (1). [Pre-2026 Revision Citation: 24-4.5-7-105.] As added by P.L.115-2026, SEC.97.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/37Fetched: 10/17/2026

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