Sec. 3. 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.
As added by P.L.175-2019, SEC.2.
Structure Indiana Code
Title 23. Business and Other Associations
Chapter 9. Residential Mortgage Loan Transaction Documents
23-2.5-9-1. Loan Broker Agreement; Licensee Information
23-2.5-9-2. Loan Processing Company Records
23-2.5-9-3. Loan Processing Company Breach; Disclosure
23-2.5-9-4. Loan Processing Company Records Disposal
23-2.5-9-5. Loan Processing Company Records; Commissioner Examination
23-2.5-9-6. Loan Processor; Federal Law Compliance
23-2.5-9-7. Loan Processor; Loan Processor Company; Violations