Sec. 12. A loan broker shall maintain an electronic surety bond that: (1) is satisfactory to the commissioner; (2) is in the amount of sixty thousand dollars ($60,000); and (3) covers the activities of each manager and mortgage loan originator employed by the loan broker. As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.17.
Electronic surety bond
Ind. Code § 23-2.5-4-12, under License Issuance and Renewal.
Ind. Code § 23-2.5-4-12