Sec. 7. (a) A loan processing company shall, before engaging in loan processing activities, file with the commissioner on a form prescribed by the commissioner an irrevocable consent appointing the secretary of state as the loan processing company’s agent to receive service of process in a noncriminal suit, action, or proceeding against the loan processing company arising from a violation of this article.

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Terms Used In Indiana Code 23-2.5-5-7

  • Service of process: The service of writs or summonses to the appropriate party.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
     (b) Service of process described in subsection (a) must be made in accordance with Indiana Rules of Trial Procedure.

As added by P.L.175-2019, SEC.2.

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