Ind. Code § 23-2.5-6-6
Mortgage loan originator activities license or registration lapse or expiration; written examination for licensure or registration
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2025
As of January 1, 2023
Sec. 6. If an individual who has been issued a principal manager license or mortgage loan originator license under this article, or a license or registration issued by another state or jurisdiction allowing the individual to perform mortgage loan origination activities:
Sec. 6. If an individual who has been issued a mortgage loan originator license under this article, or a license or registration issued by another state or jurisdiction allowing the individual to perform mortgage loan origination activities:
(1) allows the individual's license or registration to lapse; or
(1) allows the individual's license or registration to lapse; or
(2) otherwise has not been a registered mortgage loan originator, issued a mortgage loan originator license, issued a principal manager license, or otherwise maintained a license or registration to perform mortgage loan origination activities;
(2) otherwise has not been a registered mortgage loan originator, been issued a mortgage loan originator license, or otherwise maintained a license or registration to perform mortgage loan origination activities;
for a period of at least five (5) years, the individual must pass the written examination required by this chapter as a condition of relicensure or reregistration.
for a period of at least five (5) years, the individual must pass the written examination required by this chapter as a condition of relicensure or reregistration.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.