Indiana Code 23-2.5-7-8. Loan broker employees; steps to prevent violation
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Terms Used In Indiana Code 23-2.5-7-8
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Sec. 8. A loan broker that fails to take reasonable steps to prevent a violation of this article by a principal manager, mortgage loan originator, or other individual employed by the loan broker may subject the loan broker to discipline under IC 23-2.5-11.
As added by P.L.175-2019, SEC.2.