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2022 Indiana Code
Title 23. Business and Other Associations
Article 2.5. Loan Brokers
Chapter 5. Loan Processing Company Notice Filing and Renewal
23-2.5-5-8. Ceasing Loan Processing Activities; Requirements
Universal Citation:
IN Code § 23-2.5-5-8 (2022)
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Sec. 8. If a loan processing company ceases to engage in loan processing activities for any reason, the loan processing company shall do the following:
(1) Before ceasing loan processing activities, arrange for the preservation and maintenance of the records described in IC 23-2.5-9-2 for the remainder of the two (2) year maintenance period required by IC 23-2.5-9-2.
(2) Notify the commissioner of the exact physical address where the records will be maintained under subdivision (1).
As added by P.L.175-2019, SEC.2.
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