Ind. Code § 23-2.5-7-9
Manager; steps to prevent violation
As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.26.
A manager who fails to take reasonable steps to prevent a violation of this article:
- (1) by a mortgage loan originator who is supervised by the manager; or
(2) that occurs at a branch office that is supervised by the manager;
may subject the manager to discipline under IC 23-2.5-11 .
As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.26.