23-2.5-11-4. Censure; permanent bar

IN Code § 23-2.5-11-4 (2019) (N/A)
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Sec. 4. The commissioner may do either of the following:

(1) Censure:

(A) a licensee;

(B) an officer, a director, an ultimate equitable owner, or an equitable owner of a loan broker; or

(C) another person;

who violates or causes a violation of this article.

(2) Permanently bar a person described in subdivision (1) from being:

(A) licensed under this article; or

(B) employed by, or affiliated with, a person that is licensed under this article;

if the person violates or causes a violation of this article.

As added by P.L.175-2019, SEC.2.