Indiana § 37-3-3-4 - Disclosures; informational brochure
Full text of Indiana Indiana Code § 37-3-3-4 — Disclosures; informational brochure, with citation guidance and answers to common questions.
§ 37-3-3-4. Disclosures; informational brochure
Sec. 4. (a) For purposes of this section, the lender shall disclose to the borrower to whom credit is extended with respect to a small loan the information required by the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.).
(b) In addition to the requirements of subsection (a), the lender must conspicuously display in bold type a notice to the public both in the lending area of each business location and in the loan documents the following statement:
"WARNING: A small loan is not intended to meet long term financial needs. A small loan should be used only to meet short term cash needs. The cost of your small loan may be higher than loans offered by other lending institutions. Small loans are regulated by the State of Indiana Department of Financial Institutions.
A borrower may rescind a small loan without cost by paying the cash amount of the principal of the small loan to the lender not later than the end of the business day immediately following the day on which the borrower receives the loan proceeds.".
(c) The statement required in subsection (b) must be in:
(1) 14 point bold face type in the loan documents; and
(2) not less than one (1) inch bold print in the lending area of the business location.
(d) When a borrower enters into a small loan, the lender shall provide the borrower with a pamphlet approved by the department that describes:
(1) the availability of debt management and credit counseling services; and
(2) the borrower's rights and responsibilities in the transaction.
[Pre-2026 Revision Citation: 24-4.5-7-301.]
As added by P.L.115-2026, SEC.97.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 37-3-3-4
What does Indiana Code § 37-3-3-4 cover?
Section 37-3-3-4 ("Disclosures; informational brochure") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 37-3-3-4?
A common citation format is "Indiana Code § 37-3-3-4" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 37-3-3-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.