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2019 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 11. Violations and Civil Enforcement
23-2.5-11-4. Censure; permanent bar
Universal Citation:
IN Code § 23-2.5-11-4 (2019)
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IC 23-2.5-11-4 Censure; permanent bar
Sec. 4. The commissioner may do either of the following:
(1) Censure:
(A) a licensee;
(B) an officer, a director, an ultimate equitable owner, or an equitable owner of a loan broker; or
(C) another person;
who violates or causes a violation of this article.
(2) Permanently bar a person described in subdivision (1) from being:
(A) licensed under this article; or
(B) employed by, or affiliated with, a person that is licensed under this article;
if the person violates or causes a violation of this article.
As added by P.L.175-2019, SEC.2.
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