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Ind. Code § 23-2.5-3-2

Mortgage loan originator license required

As added by P.L.175-2019, SEC.2

Sec. 2. (a) An individual may not act as a manager in Indiana unless the individual first obtains a:

(1) unique identifier from the Nationwide Multistate Licensing System; and

(2) license under this article.

(b) An individual may not act as a mortgage loan originator in Indiana unless the individual first obtains a:

(1) unique identifier from the Nationwide Multistate Licensing System; and

(2) mortgage loan originator license from the commissioner.

(c) An individual desiring to act as a manager or mortgage loan originator on behalf of a loan broker shall apply to the commissioner for a mortgage loan originator license under this article.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.