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§ 28-15-11-8 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 15 - Savings Associations/
  6. Chapter 11 - Alternative Mortgage Loans of Savings Associations28-15-11-1. "Adjustable Mortgage Loan"/
  7. § 28-15-11-8
Indiana Legal Code

§ 28-15-11-8

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As used in this chapter, 'mortgage loan' means:(1) a loan:(A) secured by a mortgage on real estate that is improved by a dwelling intended for occupancy by at least one (1) and not more than four (4) families; and(B) that includes:(i) the note;(ii) the mortgage; and(iii) any other documents constituting the loan transaction; or(2) a loan:(A) secured by a mortgage on real estate that is improved by a combination home and business building; and(B) that includes:(i) the note;(ii) the mortgage; and(iii) any other documents constituting the loan transaction.As added by P.L.193-1997, SEC.2.