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Indiana Code Title 23. Business and Other Associations § 23-2.5-1-15

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 15. “Loan broker employee” means an individual:

(1) who is an employee of a single loan broker who is licensed under this article;

(2) for whom the loan broker, in addition to providing a wage or salary:

(A) pays Social Security and unemployment taxes;  and

(B) withholds local, state, and federal income taxes;

(3) who acts at the direction of, and subject to the supervision of, the loan broker;  and

(4) who performs loan processing activities on behalf of the loan broker.

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Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-2.5-1-15 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-2-5-1-15/

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