Indiana § 23-2.5-9-2 Loan processing company records

Indiana Statutes

§ 23-2.5-9-2 — Loan processing company records

Indiana § 23-2.5-9-2

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2.5LOAN BROKERS

Ch. 9Residential Mortgage Loan Transaction Documents

This text of Indiana § 23-2.5-9-2 (Loan processing company records) 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 § 23-2.5-9-2 (2026).

Text

(a)A loan processing company shall maintain records of all residential mortgage loan transactions conducted by the loan processing company as follows:

(1)The records required to be maintained under this section are the records pertaining to the part of each transaction the loan processing company conducts.

(2)The records must be maintained for at least two (2) years in the office of the loan processing company.

(3)The records must be readily identifiable or separate from the records of any other business conducted by the loan processing company.

(b)If the office in which records are maintained under this section is not located in Indiana, the records must be:

(1)made available to the securities division at a location that is:

(A)located in Indiana; and

(B)accessible to the securiti

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(a) A loan processing company shall maintain
records of all residential mortgage loan transactions conducted by the
loan processing company as follows:
(1) The records required to be maintained under this section are
the records pertaining to the part of each transaction the loan
processing company conducts.
(2) The records must be maintained for at least two (2) years in
the office of the loan processing company.
(3) The records must be readily identifiable or separate from the
records of any other business conducted by the loan processing
company.
(b) If the office in which records are maintained under this section
is not located in Indiana, the records must be:
(1) made available to the securities division at a location that is:
(A) located in Indiana; and
(B) accessible to the securities division; or
(2) maintained electronically and made available to the securities
division not later than ten (10) business days after a request by the
securities division to inspect or examine the records.