Ind. Code § 23-2.5-7-6
Annual loan broker office compliance examinations
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2025
As of January 1, 2023
Sec. 6. (a) A principal manager shall complete at least one (1) compliance examination per year of each loan broker office for which the principal manager is the supervisor designated under section 4 of this chapter.
Sec. 6. (a) A manager shall complete at least one (1) compliance examination per year of each loan broker office for which the manager is the supervisor designated under section 4 of this chapter.
(b) A loan broker shall maintain complete documentation of each examination conducted by a principal manager under subsection (a):
(b) A loan broker shall maintain complete documentation of each examination conducted by a manager under subsection (a):
(1) at the principal place of business; and
(1) at the principal place of business; and
(2) for a minimum of five (5) years after the calendar year in which the examination is completed.
(2) for a minimum of five (5) years after the calendar year in which the examination is completed.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.