Loan broker review of loan processing company work

Ind. Code § 23-2.5-7-11, under Loan Broker Offices and Personnel.

Ind. Code § 23-2.5-7-11

Sec. 11. (a) A loan broker shall diligently review work performed on the loan broker's behalf by a loan processing company. (b) A loan broker that fails to take reasonable steps to review work performed by a loan processing company on the loan broker's behalf may subject the loan broker to discipline under IC 23-2.5-11. As added by P.L.175-2019, SEC.2.