Sec. 301. (1) A lender who knowingly makes charges in excess of those permitted by the provisions of this article commits a Class A misdemeanor. (2) A person who knowingly engages in the business of making consumer loans without a license in violation of the provisions of this article applying to authority to make consumer loans ( IC 24-4.5-3-502 and IC 24-4.5-3-502.1 ) commits a Class A misdemeanor. (3) A person who knowingly: (a) engages in the business of making consumer credit sales, consumer leases, or consumer loans, or of taking assignments of rights against debtors; and (b) undertakes direct collection of payments or enforcement of these rights, without complying with the provisions of this article concerning notification ( IC 24-4.5-6-202 ) or payment of fees ( IC 24-4.5-6-203 ); commits a Class A infraction. Formerly: Acts 1971, P.L.366, SEC.6. As amended by Acts 1978, P.L.2, SEC.2414; P.L.152-1986, SEC.70; P.L.14-1992, SEC.44; P.L.122-1994, SEC.33; P.L.45-1995, SEC.14; P.L.35-2010, SEC.63.
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