§ 24-4-5-7-107

'Renewal' refers to a small loan that takes the place of an existing small loan by:(a) renewing;(b) repaying;(c) refinancing; or(d) consolidating;a small loan with the proceeds of another small loan made to the same borrower by a lender.As added by P.L.38-2002, SEC.1. Amended by P.L.73-2004, SEC.19.