Sec. 7. (a) A loan broker that operates a branch office shall designate a unique individual to act as branch manager of the branch office.

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

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
     (b) A branch manager designated under subsection (a) shall be licensed under this article as a mortgage loan originator.

As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.24.