Ind. Code § 24-9-2-5

Current through P.L. 171-2024

Section 24-9-2-5 - "Bridge loan"

"Bridge loan" means temporary or short term financing with a maturity of less than eighteen (18) months that requires payments of interest only until the entire unpaid balance is due and payable.

IC 24-9-2-5

As added by P.L. 73-2004, SEC.33.