Section 24-4.5-3-301 - Disclosures required by Consumer Credit Protection Act; exempt transactions(1) For the purposes of this section, "consumer loan" includes a loan that is a first lien mortgage transaction if the loan is otherwise a consumer loan (IC 24-4.5-1-301.5(9)).(2) The lender shall disclose to the debtor to whom credit is extended with respect to a consumer loan the information required by the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.).(3) For purposes of subsection (2), disclosures shall not be required on a consumer loan if the transaction is exempt from the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.).Amended by P.L. 159-2017,SEC. 13, eff. 7/1/2017.(Formerly: Acts1971 , P.L. 366, SEC.4; Acts1975 , P.L. 267, SEC.1.) As amended by Acts1981 , P.L. 218, SEC.6; Acts1981 , P.L. 217, SEC.2; P.L. 247-1983, SEC.18; P.L. 45-1995, SEC.11; P.L. 35-2010, SEC.50.