710 IAC 1-22-3 - Branches and exemptions
Authority: IC 23-2-1-15
Affected: IC 23-2-5
Sec. 3.
(a) If an
exempt branch of a nonexempt loan broker loses its exemption, that branch must
apply for a loan broker license.
(b) A loan broker or a branch of a loan
broker that no longer qualifies for an exemption under IC 23-2-5-19[IC
23-2-5-19 was repealed by P.L. 156-2009, SECTION 25, effective July 1, 2009.]
must obtain a license to conduct loan broker business in
Indiana.
Notes
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