Electronic surety bond
Ind. Code § 23-2.5-4-12
in effectSec. 12. A loan broker shall maintain an electronic surety bond that:
(1) is satisfactory to the commissioner;
(2) is in the amount of sixty thousand dollars ($60,000); and
(3) covers the activities of each manager and mortgage loan originator employed by the loan broker.
As added by P.L.175-2019, SEC.2. Amended by P.L.89-2024, SEC.17.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026