Indiana Statutes
§ 23-2.5-7-5 — Manager; supervising activities limitation
Indiana § 23-2.5-7-5
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 2.5LOAN BROKERS
Ch. 7Loan Broker Offices and Personnel
This text of Indiana § 23-2.5-7-5 (Manager; supervising activities limitation) 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 § 23-2.5-7-5 (2026).
Text
(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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Legislative History
As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024,
SEC.22.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-2.5-7-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-2.5-7-5.