Indiana § 23-2.5-11-5 Notice before final order

Indiana Statutes

§ 23-2.5-11-5 — Notice before final order

Indiana § 23-2.5-11-5

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2.5LOAN BROKERS

Ch. 11Violations and Civil Enforcement

This text of Indiana § 23-2.5-11-5 (Notice before final order) 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 § 23-2.5-11-5 (2026).

Text

(a)Except as provided in subsection (b), the commissioner may not enter a final order:

(1)denying, suspending, or revoking the license of an applicant or a licensee; or

(2)imposing another sanction; without prior notice to all interested parties, opportunity for a hearing, and written findings of fact and conclusions of law.

(b)The commissioner may, by summary order, deny, suspend, or revoke a license:

(1)pending final determination of a proceeding under this chapter; or

(2)before a proceeding is initiated under this chapter.

(c)Upon the entry of a summary order under subsection (b), the commissioner shall promptly notify all interested parties:

(1)that the summary order has been entered;

(2)of the reasons for the summary order; and

(3)that, upon receipt by the commissioner of a

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(a) Except as provided in subsection (b), the
commissioner may not enter a final order:
(1) denying, suspending, or revoking the license of an applicant
or a licensee; or
(2) imposing another sanction;
without prior notice to all interested parties, opportunity for a hearing,
and written findings of fact and conclusions of law.
(b) The commissioner may, by summary order, deny, suspend, or
revoke a license:
(1) pending final determination of a proceeding under this
chapter; or
(2) before a proceeding is initiated under this chapter.
(c) Upon the entry of a summary order under subsection (b), the
commissioner shall promptly notify all interested parties:
(1) that the summary order has been entered;
(2) of the reasons for the summary order; and
(3) that, upon receipt by the commissioner of a written request
from a party, the matter will be set for hearing to commence not
later than forty-five (45) business days after the commissioner's
receipt of the request.
(d) If a hearing:
(1) is not requested under subsection (c); and
(2) is not ordered by the commissioner;
the summary order remains in effect until the summary order is
modified or vacated by the commissioner.
(e) If a hearing is requested under subsection (c) or ordered by the
commissioner, the commissioner may:
(1) after notice of the hearing has been given to all interested
persons; and
(2) the hearing has been held;
modify or vacate the summary order or extend the summary order until
final determination is made.