Indiana § 37-5-1-1 - Application of article
Full text of Indiana Indiana Code § 37-5-1-1 — Application of article, with citation guidance and answers to common questions.
§ 37-5-1-1. Application of article
Sec. 1. Except for IC 37-5-3-7(c)(3), IC 37-5-3-7(c)(4), and IC 37-5-3-7(c)(5), this article does not apply to:
(1) a loan made or acquired by a person organized or chartered under the laws of this state, any other state, or the United States relating to banks, trust companies, savings associations, savings banks, credit unions, or industrial loan and investment companies; or
(2) a loan:
(A) that can be purchased by the Federal National Mortgage Association, the Federal Home Loan Mortgage Association, or the Federal Home Loan Bank;
(B) to be insured by the United States Department of Housing and Urban Development;
(C) to be guaranteed by the United States Department of Veterans Affairs;
(D) to be made or guaranteed by the United States Department of Agriculture Rural Housing Service;
(E) to be funded by the Indiana housing and community development authority; or
(F) with a principal amount that exceeds the conforming loan size limit for a single family dwelling as established by the Federal National Mortgage Association.
[Pre-2026 Revision Citation: 24-9-1-1.]
As added by P.L.115-2026, SEC.97.
IC 37-5-2Chapter 2. Definitions
37-5-2-1Applicability 37-5-2-2"Benchmark rate" 37-5-2-3"Bona fide discount points" 37-5-2-4"Borrower" 37-5-2-5"Bridge loan" 37-5-2-6"Creditor" 37-5-2-7"Deceptive act" 37-5-2-8"High cost home loan" 37-5-2-9"Home loan" 37-5-2-9.5"Land contract" 37-5-2-10"Points and fees" 37-5-2-11"Political subdivision" 37-5-2-12"Rate" 37-5-2-13"Total loan amount" 37-5-2-14"Trigger rate"
Frequently Asked Questions About Indiana § 37-5-1-1
What does Indiana Code § 37-5-1-1 cover?
Section 37-5-1-1 ("Application of article") 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 § 37-5-1-1?
A common citation format is "Indiana Code § 37-5-1-1" (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 § 37-5-1-1 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.