Indiana Code 23-2.5-7-9. Principal manager; steps to prevent violation
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Sec. 9. A principal manager who fails to take reasonable steps to prevent a violation of this article:
(2) that occurs at a branch office that is supervised by the principal manager;
(1) by a mortgage loan originator who is supervised by the principal manager; or
Terms Used In Indiana Code 23-2.5-7-9
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
may subject the principal manager to discipline under IC 23-2.5-11.
As added by P.L.175-2019, SEC.2.