Sec. 7. (a) A loan processing company shall, before engaging in loan processing activities, file with the commissioner on a form prescribed by the commissioner an irrevocable consent appointing the secretary of state as the loan processing company's agent to receive service of process in a noncriminal suit, action, or proceeding against the loan processing company arising from a violation of this article.
(b) Service of process described in subsection (a) must be made in accordance with Indiana Rules of Trial Procedure.
As added by P.L.175-2019, SEC.2.
Structure Indiana Code
Title 23. Business and Other Associations
Chapter 5. Loan Processing Company Notice Filing and Renewal
23-2.5-5-1. Loan Processing Company Notice Filing
23-2.5-5-2. Form and Content of Loan Processing Company Notice Filing
23-2.5-5-3. Loan Processing Company Notice Filing; Annual Renewal
23-2.5-5-4. Employment for Loan Processing Activities; Requirements
23-2.5-5-5. Burden of Proof of Compliance
23-2.5-5-6. Loan Processing Company or Loan Processor Violations
23-2.5-5-7. Agent for Service of Process
23-2.5-5-8. Ceasing Loan Processing Activities; Requirements