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Ind. Code § 24-4.4-3-107

Assurance of discontinuance of conduct; failure to comply

Known as the First Lien Mortgage Lending Act

The act spans §§ 24-4.4-1-101 to 24-4.4-3-115 (52 sections).

As added by P.L.145-2008, SEC.20.

Sec. 107. If it is claimed that a person has engaged in conduct subject to an order by:

(a) the department under section 106(1) of this chapter; or

(b) a court under sections 108 through 110 of this chapter;

the department may accept an assurance in writing that the person will not engage in the conduct in the future. If a person giving an assurance of discontinuance fails to comply with the terms of the assurance, the assurance is evidence that before the assurance was issued the person engaged in the conduct described in the assurance.

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