Indiana § 23-2.5-9-3 Loan processing company breach; disclosure

Indiana Statutes

§ 23-2.5-9-3 — Loan processing company breach; disclosure

Indiana § 23-2.5-9-3

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2.5LOAN BROKERS

Ch. 9Residential Mortgage Loan Transaction Documents

This text of Indiana § 23-2.5-9-3 (Loan processing company breach; disclosure) 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 § 23-2.5-9-3 (2026).

Text

If a breach occurs of the security of records that:

(1)are maintained by a loan processing company under this chapter; and

(2)contain the unencrypted, unredacted personal information of one (1) or more borrowers or prospective borrowers; the loan processing company is subject to the disclosure requirements under IC 24-4.9-3. However, this section does not apply if the loan processor is exempt from the disclosure requirements under IC 24-4.9-3-4.

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If a breach occurs of the security of records
that:
(1) are maintained by a loan processing company under this
chapter; and
(2) contain the unencrypted, unredacted personal information of
one (1) or more borrowers or prospective borrowers;
the loan processing company is subject to the disclosure requirements
under IC 24-4.9-3. However, this section does not apply if the loan
processor is exempt from the disclosure requirements under IC 24-4.9-3-4.