Ind. Code § 23-2.5-3-2

Current through P.L. 171-2024
Section 23-2.5-3-2 - Mortgage loan originator license required
(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.

IC 23-2.5-3-2

Amended by P.L. 89-2024,SEC. 8, eff. 7/1/2024.
Added by P.L. 175-2019,SEC. 2, eff. 7/1/2019.