"Lender credit card or similar arrangement"
Ind. Code § 37-2-2-26
in effectSec. 26. "Lender credit card or similar arrangement" means an arrangement or loan agreement, other than a seller credit card, pursuant to which a lender gives a debtor the privilege of using a credit card, letter of credit, or other credit confirmation or identification in transactions out of which debt arises:
(1) by the lender's honoring a draft or similar order for the payment of money drawn or accepted by the debtor;
(2) by the lender's payment or agreement to pay the debtor's obligations; or
(3) by the lender's purchase from the obligee of the debtor's obligations.
[Pre-2026 Revision Citation: 24-4.5-1-301.5(21).]
As added by P.L.115-2026, SEC.97.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/37Fetched: 10/17/2026