Section 750IAC1-1-1. Dollar amounts in consumer credit code, home loan practices, and bankruptcy exemptions

   (a) The dollar amounts in IC 24-4.5 which are required to be changed by IC 24-4.5-1-106, as amended, shall, on July 1, 2016, be as set forth in each of the following Indiana Uniform Consumer Credit Code sections.

Amended	Dollar Amounts	Provisions Relating To
IC 24-4.5-2-201(7)	2,000/4,000	Graduated rate (sales)
IC 24-4.5-2-201(8)	48	Minimum credit service charge
IC 24-4.5-2-203.5(5)	18.50	Delinquency charge (sales)
IC 24-4.5-2-407(4)	1,110/4,000	Security interest (sales or leases)
IC 24-4.5-3-201(7)	48	Minimum loan finance charge
IC 24-4.5-3-203.5(5)	18.50	Delinquency charge (loans)
IC 24-4.5-3-508(6)	2,000/4,000	Graduated rate (supervised loans)
IC 24-4.5-3-508(7)	48	Minimum loan finance charge
IC 24-4.5-3-510(2)	4,000	Land as security (loans)
IC 24-4.5-3-511(2)	1,110/4,000	Maximum loan term
IC 24-4.5-4-301(4)	1,110	Property insurance
IC 24-4.5-5-103(7)	4,000	Deficiency judgment
IC 24-4.5-7-104(2)	605	Principal loan amount
IC 24-4.5-7-201(4)	605	Graduated rate scale
IC 24-4.5-7-404(3)	605	Combined loan amounts

  (b) The dollar amount change which is required to be changed by IC 24-9-2-8, as amended, shall be on July 1, 2016, as follows:

Amended	Dollar Amounts	Provisions Relating To
IC 24-9-2-8	44,000	High cost home loan

  (c) The dollar amount changes set forth in IC 34-55-10-2, as amended, which are required to be changed by IC 34-55-10-2.5, as amended, shall be as follows:

Amended	Dollar Amounts	Provisions Relating To
IC 34-55-10-2(c)(1)	19,300	Real estate family residence
IC 34-55-10-2(c)(2)	10,250	Other real estate or tangible property
IC 34-55-10-2(c)(3)	400	Intangible personal property

(Department of Financial Institutions; Uniform Consumer Credit Reg No. 1, Sec I; filed Jul 6, 1978, 9:30 a.m.: 1 IR 393, eff Jul 1, 1978; filed Oct 15, 1980, 2:30 p.m.: 3 IR 2189, eff Jul 1, 1980; filed Apr 20, 1982: 5 IR 1194, eff Jul 1, 1982; filed Apr 11, 1984, 2:45 p.m.: 7 IR 1257, eff Jul 1, 1984; emergency rule filed Apr 25, 1986, 3:40 p.m.: 9 IR 2210, eff Jul 1, 1986; emergency rule filed Sep 5, 1986, 10:05 a.m.: 10 IR 81, eff Sep 5, 1986; filed Jan 6, 1987, 10:10 a.m.: 10 IR 1083; emergency rule filed Mar 28, 1988, 1:37 p.m.: 11 IR 2905, eff Jul 1, 1988; emergency rule filed May 14, 1992, 2:00 p.m.: 15 IR 2267, eff Jul 1, 1992; emergency rule filed Mar 21, 1994, 10:30 a.m.:17 IR 1917, eff Jul 1, 1994; emergency rule filed Mar 18, 1996, 10:05 a.m.: 19 IR 2092, eff Jul 1, 1996; emergency rule filed Mar 17, 1998, 11:20 a.m.: 21 IR 3026, eff Jul 1, 1998; emergency rule filed Mar 14, 2002, 1:38 p.m.: 25 IR 2540, eff Jul 1, 2002; emergency rule filed Feb 16, 2004, 11:24 a.m.: 27 IR 2297, eff Jul 1, 2004; emergency rule filed Mar 13, 2006, 1:25 p.m.: 29 IR 2583, eff Jul 1, 2006; emergency rule filed Feb 22, 2008, 12:10 p.m.: 20080305-IR-750080119ERA, eff Jul 1, 2008; emergency rule filed Feb 11, 2010, 2:52 p.m.: 20100224-IR-750100103ERA; errata filed Apr 28, 2010, 10:12 a.m.: 20100512-IR-750100103ACA; emergency rule filed May 1, 2012, 2:20 p.m.: 20120509-IR-750120211ERA, eff Jul 1, 2012; emergency rule filed Apr 17, 2014, 3:55 p.m.: 20140423-IR-750140132ERA, eff Jul 1, 2014; emergency rule filed Apr 30, 2014, 9:12 a.m.: 20140507-IR-750140141ERA, eff Jul 1, 2014; emergency rule filed Jun 2, 2014, 10:44 a.m.: 20140611-IR-750140202ERA, eff Jul 1, 2014; emergency rule filed Mar 1, 2016, 1:49 p.m.: 20160309-IR-750160091ERA; emergency rule filed Mar 23, 2016, 2:41 p.m.: 20160330-IR-750160132ERA)

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