2021 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 6. Education and Examination
23-2.5-6-6. Mortgage Loan Originator Activities License or Registration Lapse or Expiration; Written Examination for Licensure or Registration
Sec. 6. If an individual who has been issued a principal manager license or mortgage loan originator license under this article, or a license or registration issued by another state or jurisdiction allowing the individual to perform mortgage loan origination activities:
(1) allows the individual's license or registration to lapse; or
(2) otherwise has not been a registered mortgage loan originator, issued a mortgage loan originator license, issued a principal manager license, or otherwise maintained a license or registration to perform mortgage loan origination activities;
for a period of at least five (5) years, the individual must pass the written examination required by this chapter as a condition of relicensure or reregistration.
As added by P.L.175-2019, SEC.2.
