2020 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 4. License Issuance and Renewal
23-2.5-4-8. Notice of Change in Material Fact or Statement in License Application

Universal Citation:
IN Code § 23-2.5-4-8 (2020)
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.

Sec. 8. (a) If a material fact or statement included in an application for a license under this chapter changes after the application has been submitted, the applicant shall provide written notice to the commissioner of the change.

(b) The commissioner may deny issuance, revoke, or refuse to renew a license under this article if the applicant or licensee:

(1) fails to provide the written notice required by this section within two (2) business days after the date on which the applicant or licensee discovers or should have discovered the change; or

(2) is not qualified for licensure under this article as a result of the change in a material fact or statement.

As added by P.L.175-2019, SEC.2.

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