1. (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.

2. (b) A loan broker shall maintain complete documentation of each examination conducted by a manager under subsection (a):

   1. (1) at the principal place of business; and
   2. (2) for a minimum of five (5) years after the calendar year in which the examination is completed.

As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.23.