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Indiana Code Title 26. Commercial Law § 26-2-9-1

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Sec. 1. (a) As used in this chapter, “credit agreement” means an agreement to:

(1) lend or forbear repayment of money, goods, or things in action;

(2) otherwise extend credit;  or

(3) make any other financial accommodation.

(b) The term includes an agreement to:

(1) amend or modify an agreement;

(2) enter into a new agreement;

(3) forbear from exercising rights under an agreement;  or

(4) grant an extension under an agreement;

described in subsection (a).

Cite this article: - Indiana Code Title 26. Commercial Law § 26-2-9-1 - last updated June 08, 2021 |

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