Indiana § 23-2.5-6-2 Continuing academic education required for licensure

Indiana Statutes

§ 23-2.5-6-2 — Continuing academic education required for licensure

Indiana § 23-2.5-6-2

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2.5LOAN BROKERS

Ch. 6Education and Examination

This text of Indiana § 23-2.5-6-2 (Continuing academic education required for licensure) 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 § 23-2.5-6-2 (2026).

Text

(a)To maintain a license issued under IC 23-2.5-4, an individual shall provide to the commissioner evidence that the individual has, during each calendar year after the year during which the license is initially issued, completed at least eight (8) hours of academic education that is acceptable to the commissioner and approved by the Nationwide Multistate Licensing System.

(b)The education hours required by subsection (a) must include the following:

(1)Three (3) hours of federal law and regulations concerning residential mortgage lending.

(2)Two (2) hours of ethics, including instruction on fraud, consumer protection, and fair lending practices.

(3)Two (2) hours of training concerning lending standards for nontraditional residential mortgage loan products.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) To maintain a license issued under IC 23-2.5-4, an individual shall provide to the commissioner evidence that
the individual has, during each calendar year after the year during
which the license is initially issued, completed at least eight (8) hours
of academic education that is acceptable to the commissioner and
approved by the Nationwide Multistate Licensing System.
(b) The education hours required by subsection (a) must include the
following:
(1) Three (3) hours of federal law and regulations concerning
residential mortgage lending.
(2) Two (2) hours of ethics, including instruction on fraud,
consumer protection, and fair lending practices.
(3) Two (2) hours of training concerning lending standards for
nontraditional residential mortgage loan products.