"Direct loan agreement" defined

Ind. Code § 24-5-16-2, under Unlawful Motor Vehicle Subleasing.

Ind. Code § 24-5-16-2

Sec. 2. As used in this chapter, "direct loan agreement" means an agreement between a lender and a purchaser by which the lender has advanced funds under a loan secured by the vehicle that the purchaser has purchased. As added by P.L.80-1990, SEC.16.