reglab/housing_qa huggingface dataset:
IN Code § 24-4.5-4-112 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-112. Administrative Action of Commissioner of Insurance

Sec. 112. (1) To the extent that his responsibility under this chapter requires, the commissioner of insurance shall issue rules with respect to insurers, and with respect to refunds (IC 24-4.5-4-108), forms, schedules of premium rates and charges (IC 24-4.5-4-203), and his approval or disapproval thereof and, in case of violation, may make an order for compliance.(2) IC 4-21.5-3 applies to and governs all agency action taken by the commissioner of insurance pursuant to this section.Formerly: Acts 1971, P.L.366, SEC.5. As amended by P.L.152-1986, SEC.67; P.L.7-1987, SEC.107.(Part 2. Consumer Credit Insurance)
IN Code § 24-4.5-4-201 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-201. Term of Insurance

Sec. 201. Term of Insurance — (1) Consumer credit insurance provided by a creditor may be subject to the furnishing of evidence of insurability satisfactory to the insurer. Whether or not such evidence is required, the term of the insurance shall commence no later than when the debtor becomes obligated to the creditor or when the debtor applies for the insurance, whichever is later, except as follows:(a) if any required evidence of insurability is not furnished until more than thirty (30) days after the term would otherwise commence, the term may commence on the date when the insurer determines the evidence to be satisfactory; or(b) if the creditor provides insurance not previously provided covering debts previously created, the term may commence on the effective date of the policy.(2) The originally scheduled term of the insurance shall extend at least until the due date of the last scheduled payment of the debt except as follows:(a) if the insurance relates to a revolving charge account or revolving loan account, the term need extend only until the payment of the debt under the account and may be sooner terminated after at least thirty (30) days' notice to the debtor; or(b) if the debtor is advised in writing that the insurance will be written for a specified shorter time, the term need extend only until the end of the specified time.(3) The term of the insurance shall not extend more than fifteen (15) days after the originally scheduled due date of the last scheduled payment of the debt unless it is extended without additional cost to the debtor or as an incident to a deferral; refinancing, or consolidation.Formerly: Acts 1971, P.L.366, SEC.5.
IN Code § 24-4.5-4-202 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-202. Amount of Insurance

Sec. 202. (1) Except as provided in subsection (2):(a) in the case of consumer credit insurance providing life coverage, the amount of insurance may not initially exceed the debt and, if the debt is payable in instalments, may not at any time exceed the greater of the scheduled or actual amount of the debt; or(b) in the case of any other consumer credit insurance, the total amount of periodic benefits payable may not exceed the total of scheduled unpaid instalments of the debt, and the amount of any periodic benefit may not exceed the original amount of debt divided by the number of periodic instalments in which it is payable.(2) If consumer credit insurance is provided in connection with a revolving charge account or revolving loan account, the amounts payable as insurance benefits may be reasonably commensurate with the amount of debt as it exists from time to time. If consumer credit insurance is provided in connection with a commitment to grant credit in the future, the amounts payable as insurance benefits may be reasonably commensurate with the total from time to time of the amount of debt and the amount of the commitment.Formerly: Acts 1971, P.L.366, SEC.5. As amended by P.L.247-1983, SEC.20.
IN Code § 24-4.5-4-203 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-203. Filing and Approval of Rates and Forms

Sec. 203. (1) A creditor may not use a form, or a schedule of premium rates or charges, the filing of which is required by this section, if the insurance commissioner has disapproved the form or schedule and has notified the insurer of his disapproval. A creditor may not use a form or schedule unless:(a) the form or schedule has been on file with the insurance commissioner for thirty (30) days, or has earlier been approved by him; and(b) the insurer has complied with this section with respect to the insurance.(2) Except as provided in subsection (3), all policies, certificates of insurance, notices of proposed insurance, applications for insurance, endorsements and riders relating to consumer credit insurance delivered or issued for delivery in this state, and the schedules of premium rates or charges pertaining thereto, shall be filed by the insurer with the insurance commissioner. Within thirty (30) days after the filing of any form or schedule, he shall disapprove it if the premium rates or charges are unreasonable in relation to the benefits provided under the form, or if the form contains provisions which are unjust, unfair, inequitable, or deceptive, or encourage misrepresentation of the coverage, or are contrary to any provision of IC 27 or of any rule promulgated under IC 27.(3) If a group policy has been delivered in another state, the forms to be filed by the insurer with the insurance commissioner are the group certificates and notices of proposed insurance. He shall approve them if:(a) they provide the information that would be required if the group policy were delivered in this state; and(b) the applicable premium rates or charges do not exceed those established by his rules.Formerly: Acts 1971, P.L.366, SEC.5. As amended by P.L.152-1986, SEC.68.(Part 3. Property and Liability Insurance)
IN Code § 24-4.5-4-301 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-301. Property Insurance

Sec. 301. Property Insurance - (1) A creditor may not contract for or receive a separate charge for insurance against loss of or damage to property unless:(a) the insurance covers a substantial risk of loss of or damage to property related to the credit transaction;(b) the amount, terms, and conditions of the insurance are reasonable in relation to the character and value of the property insured or to be insured; and(c) the term of the insurance is reasonable in relation to the terms of credit.(2) The term of the insurance is reasonable if it is customary and does not extend substantially beyond a scheduled maturity.(3) A creditor may not contract for or receive a separate charge for insurance against loss of or damage to property unless the amount financed or principal exclusive of charges for the insurance is three hundred dollars ($300) or more, and the value of the property is three hundred dollars ($300) or more.(4) The amounts of three hundred dollars ($300) in subsection (3) are subject to change pursuant to the provisions on adjustment of dollar amounts (IC 24-4.5-1-106). However, notwithstanding IC 24-4.5-1-106(1), the Reference Base Index to be used under this subsection is the Index for October 1992.Formerly: Acts 1971, P.L.366, SEC.5. As amended by P.L.137-2014, SEC.14.
IN Code § 24-4.5-4-302 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-302. Insurance on Creditor's Interest Only

Sec. 302. Insurance on Creditor's Interest Only — If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the debtor is on the debtor only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.Formerly: Acts 1971, P.L.366, SEC.5.
IN Code § 24-4.5-4-303 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-303. Liability Insurance

Sec. 303. Liability Insurance — A creditor may not contract for or receive a separate charge for insurance against liability unless the insurance covers a substantial risk of liability arising out of the ownership or use of property related to the credit transaction.Formerly: Acts 1971, P.L.366, SEC.5.
IN Code § 24-4.5-4-304 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-304. Cancellation by Creditor

Sec. 304. Cancellation by Creditor — A creditor shall not request cancellation of a policy of property or liability insurance except after the debtor's default or in accordance with a written authorization by the debtor, and in either case the cancellation does not take effect until written notice is delivered to the debtor or mailed to him at his address as stated by him. The notice shall state that the policy may be cancelled on a date not less than ten (10) days after the notice is delivered, or, if the notice is mailed, not less than thirteen (13) days after it is mailed.Formerly: Acts 1971, P.L.366, SEC.5.
IN Code § 24-4.5-4-305 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 4. Insurance|24-4.5-4-305. Refund of Unearned Premium for Property Insurance Upon Payment of Loan

Sec. 305. Upon the payment in full of a consumer credit sale or consumer loan, the creditor or creditor's assignee shall promptly make an appropriate refund of the unearned premium for any property insurance with respect to which the creditor or the credit account of the consumer is a beneficiary.As added by P.L.122-1994, SEC.30.
IN Code § 24-4.5-5-0.1 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-0.1. Application of Certain Amendments to Chapter

Sec. 0.1. The amendments made to section 203 of this chapter by P.L.181-1991 apply to causes of action accruing after June 30, 1991.As added by P.L.220-2011, SEC.391.
IN Code § 24-4.5-5-101 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-101. Short Title

Sec. 101. Short Title — This Chapter shall be known and may be cited as Uniform Consumer Credit Code — Remedies and Penalties.Formerly: Acts 1971, P.L.366, SEC.6.
IN Code § 24-4.5-5-102 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-102. Scope

Sec. 102. Scope — This Part applies to actions or other proceedings to enforce rights arising from consumer credit sales, consumer leases, and consumer loans; to garnishments of the earnings of an individual; and, in addition, to extortionate extensions of credit (24-4.5-5-107).Formerly: Acts 1971, P.L.366, SEC.6.
IN Code § 24-4.5-5-103 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-103. Restrictions on Deficiency Judgments in Consumer Credit Sales

Sec. 103. Restrictions on Deficiency Judgments in Consumer Credit Sales — (1) This section applies to a consumer credit sale of goods or services.(2) If the seller repossesses or voluntarily accepts surrender of goods which were the subject of the sale and in which the seller has a security interest, and the cash price of the goods repossessed or surrendered was four thousand dollars ($4,000) or less, the buyer is not personally liable to the seller for the unpaid balance of the debt arising from the sale of the goods, and the seller is not obligated to resell the collateral.(3) If the seller repossesses or voluntarily accepts surrender of goods which were not the subject of the sale but in which the seller has a security interest to secure a debt arising from a sale of goods or services or a combined sale of goods and services and the cash price of the sale was four thousand dollars ($4,000) or less, the buyer is not personally liable to the seller for the unpaid balance of the debt arising from the sale.(4) For the purpose of determining the unpaid balance of consolidated debts or debts pursuant to revolving charge accounts, the allocation of payments to a debt shall be determined in the same manner as provided for determining the amount of debt secured by various security interests (IC 24-4.5-2-409).(5) The buyer may be liable in damages to the seller if the buyer has wrongfully damaged the collateral or if, after default and demand, the buyer has wrongfully failed to make the collateral available to the seller.(6) If the seller elects to bring an action against the buyer for a debt arising from a consumer credit sale of goods or services, and under this section the seller would not be entitled to a deficiency judgment if the seller repossessed the collateral, and the seller obtains a judgment:(a) the seller may not repossess the collateral; and(b) the collateral is not subject to levy or sale on execution or similar proceedings pursuant to the judgment.(7) The amounts of four thousand dollars ($4,000) in subsections (2) and (3) are subject to change pursuant to the provisions on adjustment of dollar amounts (IC 24-4.5-1-106). However, notwithstanding IC 24-4.5-1-106(1), the Reference Base Index to be used under this subsection is the Index for October 2012.Formerly: Acts 1971, P.L.366, SEC.6. As amended by P.L.137-2014, SEC.15; P.L.186-2015, SEC.21.
IN Code § 24-4.5-5-104 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-104. No Garnishment Before Judgment

Sec. 104. No Garnishment Before Judgment — Prior to entry of judgment in an action against the debtor, no creditor may attach unpaid earnings of the debtor by garnishment or like proceedings.Formerly: Acts 1971, P.L.366, SEC.6.
IN Code § 24-4.5-5-106 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-106. No Discharge From Employment for Garnishment

Sec. 106. No Discharge From Employment for Garnishment—No employer shall discharge an employee for the reason that a creditor or creditors of the employee has subjected or attempted to subject unpaid earnings of the employee to garnishment or like proceedings directed to the employer for the purpose of paying a judgment or judgments.Formerly: Acts 1971, P.L.366, SEC.6.
IN Code § 24-4.5-5-107 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-107. Extortionate Extensions of Credit

Sec. 107. Extortionate Extensions of Credit — (1) If it is the understanding of the creditor and the debtor at the time an extension of credit is made that delay in making repayment or failure to make repayment could result in the use of violence or other criminal means to cause harm to the person, reputation, or property of any person, the repayment of the extension of credit is unenforceable through civil judicial processes against the debtor.(2) If it is shown that an extension of credit was made at an annual rate exceeding forty-five percent (45%) calculated according to the actuarial method and that the creditor then had a reputation for the use or threat of use of violence or other criminal means to cause harm to the person, reputation, or property of any person to collect extensions of credit or to punish the nonrepayment thereof, there is prima facie evidence that the extension of credit was unenforceable under subsection (1).Formerly: Acts 1971, P.L.366, SEC.6.
IN Code § 24-4.5-5-108 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-108. Unconscionability

Sec. 108. Unconscionability — (1) With respect to a consumer credit sale, consumer lease, or consumer loan, if the court as a matter of law finds the agreement or any clause of the agreement to have been unconscionable at the time it was made the court may refuse to enforce the agreement, or it may enforce the remainder of the agreement without the unconscionable clause, or it may so limit the application of any unconscionable clause as to avoid any unconscionable result.(2) If it is claimed or appears to the court that the agreement or any clause thereof may be unconscionable the parties shall be afforded a reasonable opportunity to present evidence as to its setting, purpose, and effect to aid the court in making the determination.(3) For the purpose of this section, a charge or practice expressly permitted by this Article is not in itself unconscionable.Formerly: Acts 1971, P.L.366, SEC.6.(Part 2. Debtors' Remedies)
IN Code § 24-4.5-5-201 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-201. First Lien Mortgage Transactions; Civil Liability for Disclosure Violations; Debtor's Right to Rescind

Sec. 201. For purposes of the provisions on civil liability for violation of disclosure provisions (IC 24-4.5-5-203) and on debtor's right to rescind certain transactions (IC 24-4.5-5-204):(1) consumer credit sale includes a sale that is a first lien mortgage transaction if the sale is otherwise a consumer credit sale; and(2) consumer loan includes a loan that is a first lien mortgage transaction if the loan is otherwise a consumer loan.Formerly: Acts 1971, P.L.366, SEC.6. As amended by Acts 1981, P.L.218, SEC.7; P.L.152-1986, SEC.69; P.L.35-2010, SEC.62.
IN Code § 24-4.5-5-204 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-204. Debtor's Right to Rescind; Accruing Interest Prohibited During Rescission Period; Disbursement of Proceeds

Sec. 204. Debtor's Right to Rescind Certain Transactions — (1) A violation by a creditor of Section 125 of the Consumer Credit Protection Act (as defined in IC 24-4.5-1-302) concerning the debtor's right to rescind a transaction that is a consumer credit sale or a consumer loan constitutes a violation of IC 24-4.5. A creditor may not accrue interest during the period when a consumer loan may be rescinded under Section 125 of the Consumer Credit Protection Act (15 U.S.C. 1635).(2) A creditor must make available for disbursement the proceeds of a transaction subject to subsection (1) on the later of:(A) the date the creditor is reasonably satisfied that the consumer has not rescinded the transaction; or(B) the first business day after the expiration of the rescission period under subsection (1).Formerly: Acts 1971, P.L.366, SEC.6. As amended by Acts 1982, P.L.149, SEC.7; P.L.122-1994, SEC.32; P.L.23-2000, SEC.9; P.L.159-2017, SEC.17; P.L.86-2018, SEC.195.
IN Code § 24-4.5-5-205 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-205. Refunds and Penalties as Set-Off to Obligation

Sec. 205. Refunds and Penalties as Set-Off to Obligation — Refunds or penalties to which the debtor is entitled pursuant to this Part may be set off against the debtor's obligation, and may be raised as a defense to a suit on the obligation without regard to the time limitations prescribed by this Part.Formerly: Acts 1971, P.L.366, SEC.6.(Part 3. Criminal Penalties)
IN Code § 24-4.5-5-301 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-301. Knowing Violations

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.
IN Code § 24-4.5-5-302 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 5. Remedies and Penalties|24-4.5-5-302. Disclosure Violations

Sec. 302. A person commits a Class A misdemeanor if he knowingly gives false or inaccurate information or fails to provide information which he is required to disclose under the provisions of IC 24-4.5-2-301 or IC 24-4.5-3-301.Formerly: Acts 1971, P.L.366, SEC.6. As amended by Acts 1978, P.L.2, SEC.2415; P.L.247-1983, SEC.21.
IN Code § 24-4.5-6-101 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 6. Administration|24-4.5-6-101. Short Title

Sec. 101. Short Title — This Chapter shall be known and may be cited as Uniform Consumer Credit Code — Administration.Formerly: Acts 1971, P.L.366, SEC.7.
IN Code § 24-4.5-6-102 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 6. Administration|24-4.5-6-102. Applicability; "Consumer Credit Sale"; "Consumer Loan"

Sec. 102. (a) IC 24-4.5-6-101 through IC 24-4.5-6-117 apply to persons who:(1) make or solicit consumer credit sales, consumer leases, consumer loans, consumer related sales (IC 24-4.5-2-602), and consumer related loans (IC 24-4.5-3-602); or(2) directly collect payments from or enforce rights against debtors arising from sales, leases, or loans specified in subsection (1), wherever they are made.(b) For purposes of IC 24-4.5-6-101 through IC 24-4.5-6-117:(1) "Consumer credit sale" includes a sale that is a first lien mortgage transaction if the sale is otherwise a consumer credit sale.(2) "Consumer loan" includes a loan that is a first lien mortgage transaction if the loan is otherwise a consumer loan.Formerly: Acts 1971, P.L.366, SEC.7. As amended by Acts 1981, P.L.218, SEC.8; P.L.152-1986, SEC.71; P.L.35-2010, SEC.64; P.L.27-2012, SEC.25.
IN Code § 24-4.5-6-103 (2021)
2021 Indiana Code|Title 24. Trade Regulation|Article 4.5. Uniform Consumer Credit Code|Chapter 6. Administration|24-4.5-6-103. Department

Sec. 103. Department — "Department" means the members of the department of financial institutions. The division of consumer credit shall have charge of the administration of this article.Formerly: Acts 1971, P.L.366, SEC.7. As amended by P.L.14-1992, SEC.45.