"Regularly engaged"

Sec. 44. "Regularly engaged", with respect to a person who extends consumer credit, refers to a person who: (1) extended consumer credit: (A) more than twenty-five (25) times; or (B) more than five (5) times for a mortgage transaction secured by a dwelling; in the preceding calendar year; or (2) extends or will extend consumer credit: (A) more than twenty-five (25) times; or (B) more than five (5) times for a mortgage transaction secured by a dwelling; in the current calendar year, if the person did not meet the numerical standards described in subdivision (1) in the preceding calendar year. [Pre-2026 Revision Citation: 24-4.5-1-301.5(39).] As added by P.L.115-2026, SEC.97.