"Creditor"

Sec. 11. "Creditor" means a person: (1) that regularly engages in the extension of first lien mortgage transactions that are subject to a credit service charge or loan finance charge, as applicable, or are payable by written agreement in more than four (4) installments (not including a down payment); and (2) to which the obligation is initially payable, either on the face of the note or contract, or by agreement if there is not a note or contract. The term does not include a person described in section 39 of this chapter in a tablefunded transaction. A creditor may be an individual, a limited liability company, a sole proprietorship, a partnership, a trust, a joint venture, a corporation, an unincorporated organization, or other form of entity, however organized. [Pre-2026 Revision Citation: 24-4.4-1-301(7).] As added by P.L.115-2026, SEC.97.