28-15-11-6. “Loan Documents”
Sec. 6. As used in this chapter, “loan documents” means the documents evidencing a loan transaction. As added by P.L.193-1997, SEC.2.
28-15-9-2. Notice of Establishment or Acquisition of or New Activity Through Service Corporation
Sec. 2. A savings association shall notify the department: (1) not less than thirty (30) days before the establishment or acquisition of any service corporation; and (2) not less than thirty (30) days before the commencement of any new activity through a service corporation. As added by P.L.193-1997, SEC.2.
28-15-11-7. “Money Cost Index”
Sec. 7. As used in this chapter, “money cost index” means any of the following: (1) The Federal Cost of Funds Index calculated and made available by the Federal Home Loan Mortgage Corporation on or about the twentieth day of each month. (2) The monthly average of weekly auction rates on United States Treasury bills […]
28-15-10-1. “Foreign Savings Association” Defined
Sec. 1. As used in this chapter, “foreign savings association” means: (1) a savings association: (A) that is organized or reorganized under the laws of any other state or territory of the United States, including the District of Columbia; and (B) whose home office is located outside Indiana; or (2) a federal savings association whose […]
28-15-11-8. “Mortgage Loan”
Sec. 8. 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 […]
28-15-10-2. “Foreign Savings Association Holding Company” Defined
Sec. 2. As used in this chapter, “foreign savings association holding company” means a savings association holding company whose principal place of business is located outside Indiana. As added by P.L.193-1997, SEC.2.
28-15-11-9. “Reverse Annuity Mortgage Loan” or “Ram Loan”
Sec. 9. As used in this chapter, “reverse annuity mortgage loan” or “RAM loan” means a mortgage loan that: (1) provides periodic payments to the borrower based on the accumulated equity in the real estate securing the loan, with payments made directly by the lender or through the purchase of an annuity from an insurance […]
28-15-10-3. “Indiana Savings Association” Defined
Sec. 3. As used in this chapter, “Indiana savings association” means: (1) a savings association whose home office is located in Indiana; or (2) a federal savings association whose home office is located in Indiana. As added by P.L.193-1997, SEC.2. Amended by P.L.29-2022, SEC.15.
28-15-11-10. “Rollover Mortgage”
Sec. 10. As used in this chapter, “rollover mortgage” means a mortgage loan that: (1) is secured by a first mortgage on real estate improved by: (A) a dwelling intended for occupancy by at least one (1) and not more than four (4) families; or (B) a combination home and business building; and (2) may […]
28-15-4-1. Depositors
Sec. 1. A person becomes a depositor when the person is accepted by the savings association. As added by P.L.193-1997, SEC.2.