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.

     (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.

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.