Indiana Code § 24-4.5-7-109

Paid in full
Open in Lexace · Ask the AI about this section
Sec. 109. "Paid in full" means the termination of a small loan through: (1) the presentment of the borrower's check for payment by the drawee bank or the exercise by the lender of an authorization to debit an account of the borrower; or (2) the return of a check to a borrower who redeems it for consideration.

‹ Prev All Indiana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.