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2022 Indiana Code
Title 24. Trade Regulation
Article 4.4. First Lien Mortgage Lending
Chapter 3. Administration
24-4.4-3-109. Civil Action by Department to Enjoin Deceptive Act

Universal Citation:
IN Code § 24-4.4-3-109 (2022)
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. 109. (1) As used in this section, "deceptive act" means an act or a practice in which a person knowingly or intentionally:

(a) makes a material misrepresentation concerning; or

(b) conceals material information regarding the terms or conditions of;

a first lien mortgage transaction.

(2) For purposes of this section, "knowingly" means having actual knowledge at the time of the transaction.

(3) The department may bring a civil action to enjoin a deceptive act performed in connection with a first lien mortgage transaction.

As added by P.L.145-2008, SEC.20.

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