"Consecutive small loan"

Ind. Code § 37-3-2-4, under Definitions.

Ind. Code § 37-3-2-4

Sec. 4. "Consecutive small loan" means a new small loan agreement that the lender enters with the same borrower not later than seven (7) calendar days after a previous small loan made to that borrower is paid in full. [Pre-2026 Revision Citation: 24-4.5-7-108.] As added by P.L.115-2026, SEC.97.