Current through P.L. 171-2024
Section 23-2.5-3-2 - Mortgage loan originator license required(a) An individual may not act as a manager in Indiana unless the individual first obtains a:(1) unique identifier from the Nationwide Multistate Licensing System; and(2) license under this article.(b) An individual may not act as a mortgage loan originator in Indiana unless the individual first obtains a: (1) unique identifier from the Nationwide Multistate Licensing System; and(2) mortgage loan originator license from the commissioner.(c) An individual desiring to act as a manager or mortgage loan originator on behalf of a loan broker shall apply to the commissioner for a mortgage loan originator license under this article.Amended by P.L. 89-2024,SEC. 8, eff. 7/1/2024.Added by P.L. 175-2019,SEC. 2, eff. 7/1/2019.