Terms Used In Indiana Code 28-1-29-4.5

  • Department: means the members of the department of financial institutions. See Indiana Code 28-1-29-1
  • License: means a license issued under the provisions of this chapter. See Indiana Code 28-1-29-1
  • Person: includes individuals, sole proprietorships, partnerships, limited liability companies, trusts, joint ventures, corporations, unincorporated organizations, other entities, and their affiliates, however organized. See Indiana Code 28-1-29-1
   Sec. 4.5. After August 31, 1981, the department may not issue a license to any person who is an employee of, owner of, or affiliated in any way with a collection agency or a process serving business. Any person who was granted a license before September 1, 1981, is not affected by the restriction imposed in this section.

As added by Acts 1981, P.L.256, SEC.1. Amended by P.L.42-1993, SEC.50.