Sec. 18. (a) If a
licensee delegates any of the licensee’s duties or obligations under an
agreement or this chapter to another
person, including an independent contractor or a
lead generator, the licensee is liable for any conduct of the person which, if done by the licensee, would violate the agreement or this chapter.
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Terms Used In Indiana Code 28-1-29-18
- Agreement: means an agreement between a debt management company and a debtor for the performance of debt management services. See Indiana Code 28-1-29-1
- Lead generator: means a person that, in the regular course of business:
Indiana Code 28-1-29-1
- Licensee: means any person to whom a license has been issued pursuant to the provisions of this chapter. See Indiana Code 28-1-29-1
- Person: includes individuals, sole proprietorships, partnerships, limited liability companies, trusts, joint ventures, corporations, unincorporated organizations, other entities, and their affiliates, however organized. See Indiana Code 28-1-29-1
(b) A lead generator or another person that:
(1) provides services to or for a licensee; and
(2) violates this chapter;
commits a deceptive act that is actionable under IC 24-5-0.5 and subject to the penalties of IC 24-5-0.5.
As added by P.L.35-2010, SEC.140. Amended by P.L.216-2013, SEC.32.