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2021 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 7. Loan Broker Offices and Personnel
23-2.5-7-11. Loan Broker Review of Loan Processing Company Work
Universal Citation:
IN Code § 23-2.5-7-11 (2021)
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Sec. 11. (a) A loan broker shall diligently review work performed on the loan broker's behalf by a loan processing company.
(b) A loan broker that fails to take reasonable steps to review work performed by a loan processing company on the loan broker's behalf may subject the loan broker to discipline under IC 23-2.5-11.
As added by P.L.175-2019, SEC.2.
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