Applicability to loans other than small loans; loan finance charge

Sec. 3. A loan that: (1) does not qualify as a small loan under IC 37-3-2-10; (2) is for a term shorter than that specified in IC 37-3-3-5(a); or (3) is made in violation of section IC 37-3-3-2, IC 37-3-3-5, IC 37-3-3-6, IC 37-3-3-8, or IC 37-3-3-12; is subject to this article. The department may conform the loan finance charge for a loan described in this section to the limitations set forth in IC 37-2-4-35(b). [Pre-2026 Revision Citation: 24-4.5-7-102(6).] As added by P.L.115-2026, SEC.97.