Sec. 15. (a) If a person fails, refuses, or neglects to comply with a court order under this chapter, the person must be held in contempt of court.
(b) A person who violates this article or a rule adopted under this article, in connection with a contract for the activities of a loan broker, is liable to a person damaged by the violation for:
(1) the amount of the actual damages suffered;
(2) interest at the legal rate; and
(3) attorney's fees.
(c) If a person violates this article, or a rule adopted under this article, in connection with a contract for the activities of a loan broker, the contract is void, and the prospective borrower is entitled to receive from the loan broker all sums paid to the loan broker.
As added by P.L.175-2019, SEC.2.
Structure Indiana Code
Title 23. Business and Other Associations
Chapter 11. Violations and Civil Enforcement
23-2.5-11-1. Permissive Actions; Denial of Licensure Application or Renewal; Suspension; Revocation
23-2.5-11-2. Required Actions; Denial of Licensure Application or Renewal; Suspension; Revocation
23-2.5-11-3. Investigation; Orders; Penalties
23-2.5-11-4. Censure; Permanent Bar
23-2.5-11-5. Notice Before Final Order
23-2.5-11-6. Implementation; Rules; Commissioner Actions
23-2.5-11-7. Immunity of Witness
23-2.5-11-8. Certificate of Compliance or Noncompliance
23-2.5-11-9. Court to Compel Obedience to Subpoena, Order, or Demand
23-2.5-11-10. Action to Enforce Penalty
23-2.5-11-11. Action to Enjoin; Other Relief
23-2.5-11-12. Appeal; Procedure
23-2.5-11-13. Admissibility of Copied Statements, Documents, and Records
23-2.5-11-14. Court Compelled Obedience to Subpoena, Order, or Demand
23-2.5-11-15. Contempt of Court; Liability for Damages; Contract Void
23-2.5-11-16. Securities Division and Department of Financial Institutions; Cooperation