Indiana Statutes

§ 23-2.5-1-38 — "Ultimate equitable owner"

Indiana § 23-2.5-1-38
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 2.5LOAN BROKERS
Ch. 1Definitions

This text of Indiana § 23-2.5-1-38 ("Ultimate equitable owner") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 23-2.5-1-38 (2026).

Text

"Ultimate equitable owner" means a person that, directly or indirectly, owns or controls ten percent (10%) or more of the equity interest in a loan broker, regardless of whether the person owns or controls the equity interest through:

(1)one (1) or more other persons; or
(2)one (1) or more proxies, powers of attorney, or variances.

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Legislative History

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

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-2.5-1-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-2.5-1-38.