IC 23-2.5-7-9 : Principal manager; steps to prevent violation

Sec. 9. A principal manager who fails to take reasonable steps to prevent a violation of this article:

(1) by a mortgage loan originator who is supervised by the principal manager; or

(2) that occurs at a branch office that is supervised by the principal manager;

may subject the principal manager to discipline under IC 23-2.5-11.

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