CPAP transaction not considered a loan

Ind. Code § 24-12-6-2, under Assignability.

Ind. Code § 24-12-6-2

Sec. 2. This article may not be construed to cause any CPAP transaction that complies with this article to be considered a loan or to be otherwise subject to any other provisions of Indiana law governing loans. As added by P.L.153-2016, SEC.7.