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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 2. SECURITIES AND FRANCHISES
CHAPTER 5. Loan Brokers
- 23-2-5-1. "Commissioner" defined
- 23-2-5-2. "Loan" defined
- 23-2-5-3. Definitions
- 23-2-5-4. License to engage in loan brokerage business required; license to act as mortgage loan originator or principal manager required; unique identifier required; evidence of compliance; criminal background check
- 23-2-5-5. Applications for licenses; contents; bond; expiration; service of process; criminal background checks; consumer reports; financial responsibility
- 23-2-5-5.5. Written examination; subject areas; passing and retaking examination
- 23-2-5-6. Renewal of licenses
- 23-2-5-7. Loan broker regulation account
- 23-2-5-8. Repealed
- 23-2-5-9. Statute of frauds; required statement
- 23-2-5-9.1. Real estate appraisals; improper influence; ownership interest in appraisal company
- 23-2-5-10. Violations; investigation by commissioner; orders and notices; hearing; denial, suspension, or revocation of license; censure; summary orders; transfer or termination of license; change of material fact or statement
- 23-2-5-11. Powers and duties of commissioner; use immunity for witnesses; certificate of compliance or noncompliance; authority to compel compliance; multistate automated licensing system and repository
- 23-2-5-11.5. Authority of commissioner to bring civil action to enjoin violations and enforce compliance; remedies; bond not required; penalties
- 23-2-5-12. Certified copies of statements, documents, or records; admissibility
- 23-2-5-13. Court to compel obedience to subpoena, order, or demand
- 23-2-5-14. Civil penalty; actions to enforce penalties
- 23-2-5-15. Violation; liability for damages, interest, and attorney's fees; contract void
- 23-2-5-16. Violations; felonies
- 23-2-5-17. Rescission of transaction; limitations
- 23-2-5-18. Account numbers; records; retention; breach of security of records; disclosure requirements; disposal of personal information
- 23-2-5-18.5. Possession of funds belonging to others; duties to prospective borrower
- 23-2-5-18.7. Reports of condition
- 23-2-5-19. Repealed
- 23-2-5-20. Prohibited acts
- 23-2-5-20.5. Employment by loan broker; license required; licensed principal manager required at each location; supervision of employees; representation to the public
- 23-2-5-21. Academic instruction requirements
- 23-2-5-22. Appeals; service on commissioner; transcript
- 23-2-5-23. Documents; license number required
- 23-2-5-24. Cooperation with department of financial institutions
- 23-2-5-25. Reporting by commissioner
- 23-2-5-26. Process to challenge information reported
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