View Our Newest Version Here

2017 Indiana Code
TITLE 24. Trade Regulation
ARTICLE 4.4. FIRST LIEN MORTGAGE LENDING
CHAPTER 3. Administration
24-4.4-3-109. Civil action by department to enjoin deceptive act

Universal Citation:
IN Code § 24-4.4-3-109 (2017)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
IC 24-4.4-3-109 Civil action by department to enjoin deceptive act

     Sec. 109. (1) As used in this section, "deceptive act" means an act or a practice in which a person knowingly or intentionally:

(a) makes a material misrepresentation concerning; or

(b) conceals material information regarding the terms or conditions of;

a first lien mortgage transaction.

     (2) For purposes of this section, "knowingly" means having actual knowledge at the time of the transaction.

     (3) The department may bring a civil action to enjoin a deceptive act performed in connection with a first lien mortgage transaction.

As added by P.L.145-2008, SEC.20.

 

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.