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2019 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 9. Residential Mortgage Loan Transaction Documents
23-2.5-9-3. Loan processing company breach; disclosure
Universal Citation:
IN Code § 23-2.5-9-3 (2019)
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IC 23-2.5-9-3 Loan processing company breach; disclosure
Sec. 3. If a breach occurs of the security of records that:
(1) are maintained by a loan processing company under this chapter; and
(2) contain the unencrypted, unredacted personal information of one (1) or more borrowers or prospective borrowers;
the loan processing company is subject to the disclosure requirements under IC 24-4.9-3. However, this section does not apply if the loan processor is exempt from the disclosure requirements under IC 24-4.9-3-4.
As added by P.L.175-2019, SEC.2.
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