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Indiana Code Title 23. Business and Other Associations § 23-2.5-7-5

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

Sec. 5. (a) A manager designated by a loan broker under section 4 of this chapter may supervise not more than five (5) loan broker offices operated by the loan broker, including the principal place of business and any branch offices of the same company.

(b) A loan broker shall employ a sufficient number of additional managers designated as supervisors to accommodate any branch offices:

(1) operated by the loan broker;  and

(2) in excess of the number permitted under subsection (a).

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Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-2.5-7-5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-2-5-7-5/

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