Sec. 9. A manager who fails to take reasonable steps to prevent a violation of this article:

(1) by a mortgage loan originator who is supervised by the manager; or

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 23-2.5-7-9

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(2) that occurs at a branch office that is supervised by the manager;

may subject the manager to discipline under IC 23-2.5-11.

As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.26.