Sec. 9. "Renewal" refers to a small loan that takes the place of an existing small loan by: (1) renewing; (2) repaying; (3) refinancing; or (4) consolidating; a small loan with the proceeds of another small loan made to the same borrower by a lender. [Pre-2026 Revision Citation: 24-4.5-7-107.] As added by P.L.115-2026, SEC.97.
"Renewal"
Ind. Code § 37-3-2-9, under Definitions.
Ind. Code § 37-3-2-9