Sec. 11. In reviewing a consumer report obtained under section 2(b)(12) or 3(b)(12) of this chapter, the commissioner may consider one (1) or more of the following in determining whether the individual applicant has demonstrated financial responsibility:
(1) Bankruptcies filed by the individual during the most recent ten (10) years.
(2) Current outstanding civil judgments against the individual, except judgments resulting solely from medical expenses owed by the individual.
(3) Current outstanding tax liens or other government liens or filings.
(4) Foreclosure actions filed during the most recent three (3) years against property owned by the individual.
(5) Any pattern of seriously delinquent accounts associated with the individual during the most recent three (3) years.
As added by P.L.175-2019, SEC.2.
Structure Indiana Code
Title 23. Business and Other Associations
Chapter 4. License Issuance and Renewal
23-2.5-4-1. Loan Broker License Application Requirements
23-2.5-4-2. Principal Manager License Application Requirements
23-2.5-4-3. Mortgage Loan Originator License Application Requirements
23-2.5-4-4. Branch Office License Application Requirements
23-2.5-4-5. Issuance and Renewal of License
23-2.5-4-6. License Renewal Required
23-2.5-4-8. Notice of Change in Material Fact or Statement in License Application
23-2.5-4-9. Agent for Service of Process
23-2.5-4-10. National Criminal History Background Check
23-2.5-4-11. Financial Responsibility of Applicant
23-2.5-4-12. Electronic Surety Bond