"Payable in installments"

Ind. Code § 37-2-2-37, under Definitions.

Ind. Code § 37-2-2-37

Sec. 37. "Payable in installments" 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: 24-4.5-1-301.5(32).] As added by P.L.115-2026, SEC.97.