Section 24-4.5-2-301 - Disclosures required by Consumer Credit Protection Act; exempt transactions(1) For purposes of this section, "consumer credit sale" includes a sale that is a sale of an interest in land and that is a first lien mortgage transaction if the sale is otherwise a consumer credit sale (IC 24-4.5-1-301.5(8)).(2) The seller shall disclose to the buyer to whom credit is extended with respect to a consumer credit sale, and the lessor shall disclose to the lessee with respect to a consumer lease, the information required by the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.).(3) For purposes of subsection (2), disclosures shall not be required on a consumer credit sale if the transaction is exempt from the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.).Amended by P.L. 159-2017,SEC. 9, eff. 7/1/2017.(Formerly: Acts1971 , P.L. 366, SEC.3.) As amended by Acts1981 , P.L. 218, SEC.4; P.L. 247-1983, SEC.7; P.L. 45-1995, SEC.6; P.L. 35-2010, SEC.45.