As used in this chapter, 'payoff statement' means a statement of the amount of:(1) the unpaid balance of a loan secured by a mortgage, including principal, interest, and any other charges properly due under or secured by the mortgage; and(2) interest on a per day basis for the unpaid balance.[Pre-2002 Recodification Citation: 32-8-15.5-5.]As added by P.L.2-2002, SEC.14.
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