Sec. 107. If it is claimed that a person has engaged in conduct subject to an order by:
(a) the department under section 106(1) of this chapter; or
(b) a court under sections 108 through 110 of this chapter;
the department may accept an assurance in writing that the person will not engage in the conduct in the future. If a person giving an assurance of discontinuance fails to comply with the terms of the assurance, the assurance is evidence that before the assurance was issued the person engaged in the conduct described in the assurance.
As added by P.L.145-2008, SEC.20.
Structure Indiana Code
Article 4.4. First Lien Mortgage Lending
24-4.4-3-103. Powers of Department; No Liability for Conforming Act or Omission
24-4.4-3-104.5. Powers of Director
24-4.4-3-104.6. Prohibited Acts
24-4.4-3-107. Assurance of Discontinuance of Conduct; Failure to Comply
24-4.4-3-108. Civil Action by Department to Restrain Violation
24-4.4-3-109. Civil Action by Department to Enjoin Deceptive Act
24-4.4-3-110. Department's Application to Court for Temporary Relief or Restraining Order
24-4.4-3-113. Rights of Debtors Not Affected