Indiana Code
Chapter 29. Debt Management Companies
28-1-29-11. Impounding Books, Records, and Accounts

Sec. 11. Upon affidavit of any person, or other information that the licensee has failed to comply with the provisions of this chapter, and after a preliminary investigation indicates probable cause that a violation has occurred, the department shall have authority to impound such books, records, and accounts as it deems necessary.
Formerly: Acts 1971, P.L.397, SEC.1; Acts 1972, P.L.10, SEC.6. As amended by P.L.263-1985, SEC.108; P.L.42-1993, SEC.56.

Structure Indiana Code

Title 28. Financial Institutions

Article 1. Department of Financial Institutions

Chapter 29. Debt Management Companies

28-1-29-0.5. Inapplicability; Attorneys; Depository Financial Institutions; Third-Party Bill Paying Services

28-1-29-1. Definitions

28-1-29-2. Administration of Chapter

28-1-29-3. License Required; Persons Operating in Indiana; Evidence of Compliance; Fees; Violations; Renewal; Tax Warrant List

28-1-29-3.1. Change in Control of Licensee; Application to Department; Time Frame for Department's Decision; Conditions for Approval; Duty of Licensee to Report Transfer of Securities; Director's Discretion to Require New License

28-1-29-4. Suspension or Revocation of License; Order to Show Cause; Order of Suspension or Revocation; Relinquishment of License; Existing Contracts; Emergency Order for Revocation

28-1-29-4.1. Failure to File Renewal Application or Pay Renewal Fee; Revocation or Suspension of License

28-1-29-4.5. Collection Agencies or Process Servers; Licenses; Restriction

28-1-29-4.6. Repealed

28-1-29-5. License Application; Findings by the Department; Felonies; Financial Statements; Denial; Hearing

28-1-29-5.5. Use of Nmlsr in Department's Licensing System; Reporting of Information to Nmlsr; Confidentiality; Director's Authority to Enter Agreements; Waiver of Privilege; Processing Fee; Electronic Records

28-1-29-6. Surety Bond; Requirements; Amount; Renewal; Termination; Liability; Notices

28-1-29-7. Repealed

28-1-29-7.5. Felonies; Civil Actions; Enforcement Actions; Notice to Department

28-1-29-7.7. Budget Analysis and Plan; Written Statement to Debtor; Creditor's Reduction of Amount Owed; Disclosure of Tax Implications

28-1-29-8. Agreement Between Licensee and Debtor; Contents; Delivery of Electronic Record; Debtor's Right to Terminate; Creditor's Decision to Reject or Withdraw From Plan; Notice to Creditors; Payments; Budget Analysis; Term of Agreement; Carrying o...

28-1-29-8.3. Fees and Charges; Plan, Written Agreement, and Payment to Creditor Required; Set Up Fee; Monthly Service Fee; Close-Out Fee; Department Approval for Additional Charges; Returned Payment Charge; Fees Not Considered Debt

28-1-29-8.6. Repealed

28-1-29-8.8. Debtor's Failure to Make Payment; Cancellation of Agreement; Letter of Continuation; Return of Money to Contract Debtor

28-1-29-9. Trust Account; Separate Account for Indiana Contract Debtors Required; Commingling With Funds of Nonresidents With Approval of Director; Requirements and Restrictions; Required Balance; Reconciliation Procedures; Embezzlement; Relocating A...

28-1-29-9.5. Prohibited Acts; Unauthorized Practice of Law; Compensation Prohibited

28-1-29-9.7. Advertising

28-1-29-10. Repealed

28-1-29-10.5. Record Keeping and Retention; Examinations and Investigations; Payment of Costs; Court Order Compelling Compliance; Confidentiality; Department's Investigatory and Enforcement Authority; Cooperative Regulatory Agreements; Examination of...

28-1-29-11. Impounding Books, Records, and Accounts

28-1-29-12. Repealed

28-1-29-13. Enforcement by the Department; Civil Penalties; Department's Recovery of Costs; Factors for Determining Amount of Civil Penalty; Violation a Class a Misdemeanor

28-1-29-14. Review of Department Decisions; Applicability of Laws Governing Administrative Orders and Procedures; Venue

28-1-29-15. Providing Materials and Agreements Electronically; Consumer's Consent Required; Disclosures Through Internet Web Site; Debtor's Right to Request Written Copy

28-1-29-16. Disclosures and Documents to Be in English; Translation Required if Another Language Used

28-1-29-17. Soliciting or Accepting Contributions From Debtors Prohibited

28-1-29-18. Delegation of Duties; Liability of Licensee; Violations by Lead Generators