Conversion to revolving loan account

Ind. Code § 37-2-4-10
in effect
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Sec. 10. The parties may agree to add to a revolving loan account the unpaid balance of a consumer loan, not made pursuant to a revolving loan account, or a refinancing, or consolidation thereof, or the unpaid balance of a consumer credit sale, refinancing or consolidation. For the purpose of this section: (1) the unpaid balance of a consumer loan, refinancing, or consolidation is an amount equal to the principal determined according to the provisions on refinancing set forth in section 8 of this chapter; and (2) the unpaid balance of a consumer credit sale, refinancing, or consolidation is an amount equal to the amount financed determined according to the provisions on refinancing set forth in IC 37-2-3-8. [Pre-2026 Revision Citation: 24-4.5-3-207.] 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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Ind. Code § 37-2-4-10 — Conversion to revolving loan account | Indiana Code (Aug. 2026 snapshot) | Corpus