Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 28-8-4-1-506 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 8 - Financial Services/
  6. Chapter 4.1 - Money Transmission Modernization Act28-8-4.1-101. Citation As Money Transmission Modernization Act/
  7. § 28-8-4-1-506
Indiana Legal Code

§ 28-8-4-1-506

Ask AI about this
(2) The renewal term is for a period of one (1) year and:(A) begins on January 1 of each year after the initial license term; and(B) expires on December 31 of the year the renewal term begins.(b) A licensee shall submit a renewal report with the renewal fee, in a form and by a medium prescribed by the director. The renewal report must state or contain a description of each material change in the information submitted by the licensee in its original license application, if such change has not been previously reported to the department.(c) The director may grant an extension of the renewal date for good cause.(d) The director may use the NMLS to process license renewals, as long as the functionality of the NMLS for such purpose is consistent with this section.As added by P.L.198-2023, SEC.4.