IC 37-5-2-7 — "Deceptive act"
Chapter 2. Definitions
Section text
Sec. 7. (a) "Deceptive act" means: (1) an act or a practice as part of a mortgage transaction (as defined in IC 37-5-3-7(a)), or of a real estate transaction (as defined in IC 37-5-3-7(b)), in which a person at the time of the transaction knowingly or intentionally: (A) makes a material misrepresentation; or (B) conceals material information regarding the terms or conditions of the transaction; or (2) a violation of IC 37-4 concerning mortgage rescue protection fraud as set forth in IC 37-4-5-1. (b) For purposes of this section, "knowingly" means having actual knowledge at the time of the transaction.
As added by P.L.115-2026, SEC.97.
Source: official publisher (2026 edition)