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§ 28-7-1-17-3 — Indiana Law | CourtGPT
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  6. Chapter 1 - Credit Unions28-7-1-0.1. Application of Certain Amendments to Chapter/
  7. § 28-7-1-17-3
Indiana Legal Code

§ 28-7-1-17-3

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A report prepared under this subsection must be retained at the credit union for three (3) years and shall not be filed with the department unless specifically requested. A report required by this section must include:(1) the amount of each indebtedness; and(2) a description of the terms and conditions of each loan, including:(A) the interest rate;(B) the original amount and date of the loan;(C) the maturity date;(D) payment terms;(E) security, if any; and(F) any unusual term or condition of a particular extension of credit.As added by P.L.90-2008, SEC.44.