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§ 23-2-5-3-2 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 2.5 - Loan Brokers/
  6. Chapter 3 - Licensure and Loan Processing Company Notice Filing Requirements23-2.5-3-1. Loan Broker License Required/
  7. § 23-2-5-3-2
Indiana Legal Code

§ 23-2-5-3-2

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(b) An individual may not act as a mortgage loan originator in Indiana unless the individual first obtains a:(1) unique identifier from the Nationwide Multistate Licensing System; and(2) mortgage loan originator license from the commissioner.(c) An individual desiring to act as a manager or mortgage loan originator on behalf of a loan broker shall apply to the commissioner for a mortgage loan originator license under this article.As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.8.