Ind. Code § 23-2.5-11-4

Current through P.L. 171-2024

Section 23-2.5-11-4 - Censure; permanent bar

The commissioner may do either of the following:

(1) Censure:

(A) a licensee;

(B) an officer, a director, an ultimate equitable owner, or an equitable owner of a loan broker; or

(C) another person;

who violates or causes a violation of this article.

(2) Permanently bar a person described in subdivision (1) from being:

(A) licensed under this article; or

(B) employed by, or affiliated with, a person that is licensed under this article;

if the person violates or causes a violation of this article.

IC 23-2.5-11-4

Added by P.L. 175-2019,SEC. 2, eff. 7/1/2019.