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§ 23-2-5-7-9 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 2.5 - Loan Brokers/
  6. Chapter 7 - Loan Broker Offices and Personnel23-2.5-7-1. Loan Broker Employment of Manager or Mortgage Loan Originator; License Required/
  7. § 23-2-5-7-9
Indiana Legal Code

§ 23-2-5-7-9

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A manager who fails to take reasonable steps to prevent a violation of this article:(1) by a mortgage loan originator who is supervised by the manager; or(2) that occurs at a branch office that is supervised by the manager;may subject the manager to discipline under IC 23-2.5-11.As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.26.