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§ 23-2-5-9-3 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 2.5 - Loan Brokers/
  6. Chapter 9 - Residential Mortgage Loan Transaction Documents23-2.5-9-1. Loan Broker Agreement; Licensee Information/
  7. § 23-2-5-9-3
Indiana Legal Code

§ 23-2-5-9-3

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If a breach occurs of the security of records that:(1) are maintained by a loan processing company under this chapter; and(2) contain the unencrypted, unredacted personal information of one (1) or more borrowers or prospective borrowers;the loan processing company is subject to the disclosure requirements under IC 24-4.9-3. However, this section does not apply if the loan processor is exempt from the disclosure requirements under IC 24-4.9-3-4.As added by P.L.175-2019, SEC.2.