Sec. 31. "Payable in installments", with respect to a debt or an obligation, means that payment is required or permitted by written agreement to be made in more than four (4) installments not including a down payment. [Pre-2026 Revision Citation: 24-4.4-1-301(27).] As added by P.L.115-2026, SEC.97.
"Payable in installments"
Ind. Code § 37-1-2-31, under Definitions.
Ind. Code § 37-1-2-31