reglab/housing_qa huggingface dataset:
IN Code § 28-1-29-4.1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-4.1. Failure to File Renewal Application or Pay Renewal Fee; Revocation or Suspension of License

Sec. 4.1. (a) A license issued by the department under this chapter shall be revoked or suspended by the department if the licensee fails to:(1) file any renewal application prescribed by the director; or(2) pay any license renewal fee described under section 3 of this chapter;within sixty (60) days after the date the renewal is due.(b) A person whose license is revoked or suspended under this section may:(1) pay all delinquent fees and apply for reinstatement of the license; or(2) appeal the revocation or suspension to the department for an administrative review under IC 4-21.5-3.Pending the decision resulting from a hearing under IC 4-21.5-3 concerning a license revocation or suspension, the license remains in force.As added by P.L.176-1996, SEC.16. Amended by P.L.35-2010, SEC.122; P.L.89-2011, SEC.39.
IN Code § 28-1-29-4.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-4.5. Collection Agencies or Process Servers; Licenses; Restriction

Sec. 4.5. After August 31, 1981, the department may not issue a license to any person who is an employee of, owner of, or affiliated in any way with a collection agency or a process serving business. Any person who was granted a license before September 1, 1981, is not affected by the restriction imposed in this section.As added by Acts 1981, P.L.256, SEC.1. Amended by P.L.42-1993, SEC.50.
IN Code § 28-1-29-7.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-7.5. Felonies; Civil Actions; Enforcement Actions; Notice to Department

Sec. 7.5. (a) This section applies if, after a person has been issued a license or renewal license under this chapter, any individuals described in section 5(b)(2), 5(b)(3), or 5(b)(4) of this chapter have been convicted of a felony under Indiana law or the laws of any other jurisdiction.(b) If this section applies, the licensee shall provide to the department the information required under section 5(c) of this chapter:(1) not later than thirty (30) days after any person described in subsection (a) has been convicted of the felony; or(2) if the licensee's next license renewal fee under section 3(d) of this chapter is due before the date described in subdivision (1), along with the licensee's next license renewal fee under section 3(d) of this chapter.(c) Not later than thirty (30) days after a licensee has been served with notice of a civil action that is for the violation of this chapter by the licensee (or by an employee or agent of the licensee) and that is brought by or on behalf of a debtor who resides or resided in Indiana on:(1) the date an agreement that is the subject of the civil action was entered into; or(2) the date the civil action is filed;the licensee shall provide written notice of the civil action to the department.(d) Not later than thirty (30) days after a licensee receives notice of any enforcement action initiated against the licensee (or an employee or agent of the licensee) by a federal or state regulatory or law enforcement agency, the licensee shall notify the director in writing of the notice received.As added by P.L.213-2007, SEC.47; P.L.217-2007, SEC.45. Amended by P.L.90-2008, SEC.30; P.L.35-2010, SEC.125; P.L.42-2011, SEC.62; P.L.216-2013, SEC.24.
IN Code § 28-1-29-8.8 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-8.8. Debtor's Failure to Make Payment; Cancellation of Agreement; Letter of Continuation; Return of Money to Contract Debtor

Sec. 8.8. (a) If a contract debtor fails to make a payment to a licensee within ninety (90) days after the date a payment is due under an agreement, the agreement may be considered canceled by the licensee unless:(1) one (1) or more creditors included in the contract debtor's plan object to the termination; or(2) subject to subsection (b), the contract debtor files a letter of continuation.(b) A contract debtor may file a letter of continuation of an agreement even if the contract debtor did not make a payment within ninety (90) days after a payment was due. All of the following apply to a letter of continuation of an agreement:(1) A contract debtor may file only one (1) letter of continuation with a licensee for each twelve (12) month period the agreement is in effect.(2) A letter of continuation must contain a detailed explanation of the reason or reasons for the missed payment.(3) If an agreement for which a letter of continuation that meets the requirements of this subsection is filed, the agreement remains in effect and subject to cancellation for any future failure to make a payment as described in this section.(4) A contract debtor may not file a letter of continuation with a licensee during the first six (6) months an agreement is in effect.(5) If one (1) or more creditors included in the contract debtor's plan agree to continue the plan based on the explanation provided under subdivision (2), the contract debtor and the licensee shall modify the agreement then in effect between the contract debtor and the licensee to reflect the changes agreed to under the letter of continuation.(c) If a licensee or a contract debtor terminates an agreement, the licensee shall immediately return to the contract debtor any money of the contract debtor held in trust for the benefit of the contract debtor.As added by P.L.35-2010, SEC.130. Amended by P.L.216-2013, SEC.29.
IN Code § 28-1-29-9.7 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-9.7. Advertising

Sec. 9.7. A licensee:(1) may not use false, misleading, or deceptive advertising; and(2) shall meet the following conditions in advertising:(A) An advertisement may not include a statement that states or implies that no financial problem is too great for the licensee to solve.(B) An advertisement may not include a statement that states or implies that the licensee will use the licensee's own cash to pay the debtor's accounts.(C) All advertisements must contain the statement "We do not lend money.".(D) All advertisements must contain the true name and address of the licensee.As added by P.L.35-2010, SEC.133.
IN Code § 28-1-29-11 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|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.
IN Code § 28-1-29-13 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|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

Sec. 13. (a) The department may enforce this chapter and rules adopted under this chapter by taking one (1) or more of the following actions:(1) Order a debt management company or a director, employee, or other agent of a debt management company to cease and desist from any violations.(2) Order a debt management company or a person that has caused a violation to correct the violation, including making restitution of money or property to a person aggrieved by a violation.(3) Prosecute a civil action to:(A) enforce an order;(B) obtain restitution, an injunction, or other equitable relief; or(C) accomplish both clauses (A) and (B).(b) Subject to subsection (c), if the department determines, after notice and an opportunity to be heard, that a person has violated this chapter, the department may, in addition to or instead of all other remedies available under this section, impose upon the person a civil penalty not greater than ten thousand dollars ($10,000) per violation.(c) If a person violates or knowingly authorizes, directs, or aids in the violation of a final order issued under subsection (a)(1) or (a)(2), the department may impose a civil penalty of not more than twenty thousand dollars ($20,000) for each violation.(d) The department may maintain an action in any county to enforce this chapter.(e) The department may recover the reasonable costs of enforcing this chapter under subsections (a) through (d), including attorney's fees.(f) In determining the amount of a civil penalty to impose under subsection (b) or (c), the department shall consider:(1) the seriousness of the violation;(2) the good faith of the person who violated this chapter;(3) any previous violations by the person who violated this chapter;(4) the deleterious effect of the violation on the public;(5) the net worth of the person who violated this chapter; and(6) any other factor the department considers relevant to the determination of a civil penalty.(g) In addition to the revocation provision of section 4 of this chapter, a person who violates section 3, 5, 6, 8, 8.3, 9, or 9.5 of this chapter commits a Class A misdemeanor, and the license of the licensee shall be revoked on the date of the conviction of an offense.Formerly: Acts 1971, P.L.397, SEC.1; Acts 1972, P.L.10, SEC.6. As amended by Acts 1978, P.L.2, SEC.2815; P.L.42-1993, SEC.58; P.L.35-2010, SEC.135; P.L.89-2011, SEC.44.
IN Code § 28-1-29-14 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-14. Review of Department Decisions; Applicability of Laws Governing Administrative Orders and Procedures; Venue

Sec. 14. Any applicant for a license aggrieved by a decision of the department pursuant to this chapter may file a petition for review as prescribed in IC 4-21.5. Except as otherwise provided, IC 4-21.5 applies to and governs all agency action taken by the department under this chapter. All proceedings for administrative review under IC 4-21.5-3 or judicial review under IC 4-21.5-5 shall be held in Marion County.Formerly: Acts 1971, P.L.397, SEC.1; Acts 1972, P.L.10, SEC.6. As amended by P.L.7-1987, SEC.160; P.L.42-1993, SEC.59; P.L.35-2010, SEC.136.
IN Code § 28-1-29-15 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|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

Sec. 15. (a) As used in this section, "consumer" means an individual who seeks or obtains goods or services that are used primarily for personal, family, or household purposes.(b) As used in this section, "federal act" means the Electronic Signatures in Global and National Commerce Act (15 U.S.C. 7001 et seq., as amended).(c) A licensee may satisfy the requirements of section 7.7, 8, or 9 of this chapter by means of the Internet or other electronic means if the licensee obtains a consumer's consent in the manner provided by Section 101(c)(1) of the federal act.(d) The disclosures and materials required by section 7.7, 8, or 9 of this chapter shall be presented in a form that is capable of being accurately reproduced for later reference.(e) With respect to disclosure by means of an Internet web site, the disclosure of the information required by section 7.7 of this chapter must appear on one (1) or more screens that:(1) contain no other information; and(2) the debtor must see before proceeding to assent to formation of an agreement.(f) At the time of providing the materials and agreement required by sections 7.7, 8, and 9 of this chapter, a licensee shall inform the debtor that upon electronic, telephonic, or written request, the licensee shall:(1) send the debtor a written copy of the materials; and(2) comply with a request as provided in subsection (g).(g) If a licensee is requested, after an agreement is completed or terminated, to send a written copy of the materials required by section 7.7, 8, or 9 of this chapter, the licensee shall send the materials at no charge to the debtor not later than three (3) business days after the request. However, the licensee is not required to comply with a request more than once per calendar month or if the licensee reasonably believes the request is made for purposes of harassment.(h) A licensee that maintains an Internet web site shall disclose on the home page of the licensee's web site or on a page that is clearly and conspicuously connected to the home page by a link that clearly reveals the following:(1) The licensee's name and all names under which the licensee does business.(2) The licensee's principal business address, telephone number, and electronic mail address, if any.(3) The names of the licensee's principal officers.(i) A licensee may not terminate the licensee's agreement because a consumer who has consented to electronic communication in the manner provided by Section 101 of the federal act withdraws consent as provided in the federal act.As added by P.L.35-2010, SEC.137.
IN Code § 28-1-29-16 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-16. Disclosures and Documents to Be in English; Translation Required if Another Language Used

Sec. 16. Unless the department provides otherwise in a rule, the disclosures and documents required by this chapter must be in English. If a licensee communicates with a debtor primarily in a language other than English, the licensee shall furnish a translation of the disclosures and documents required by this chapter from the other language into English.As added by P.L.35-2010, SEC.138.
IN Code § 28-1-29-17 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-17. Soliciting or Accepting Contributions From Debtors Prohibited

Sec. 17. Unless a fee is specifically authorized under the chapter, a licensee may not solicit or accept a voluntary contribution from a contract debtor for any service provided to the contract debtor.As added by P.L.35-2010, SEC.139.
IN Code § 28-1-29-18 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 29. Debt Management Companies|28-1-29-18. Delegation of Duties; Liability of Licensee; Violations by Lead Generators

Sec. 18. (a) If a licensee delegates any of the licensee's duties or obligations under an agreement or this chapter to another person, including an independent contractor or a lead generator, the licensee is liable for any conduct of the person which, if done by the licensee, would violate the agreement or this chapter.(b) A lead generator or another person that:(1) provides services to or for a licensee; and(2) violates this chapter;commits a deceptive act that is actionable under IC 24-5-0.5 and subject to the penalties of IC 24-5-0.5.As added by P.L.35-2010, SEC.140. Amended by P.L.216-2013, SEC.32.
IN Code § 28-1-30-1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-1. "Credit Union" Defined

Sec. 1. As used in this chapter, "credit union" has the meaning set forth in IC 28-7-1-0.5.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-2 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-2. "Mutual Bank" Defined

Sec. 2. As used in this chapter, "mutual bank" means a mutual savings bank governed by IC 28-6.1.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-3 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-3. "Mutual Bank Conversion" Defined

Sec. 3. As used in this chapter, "mutual bank conversion" means the conversion of a credit union to a mutual bank.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-4 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-4. "Voting Parties" Defined

Sec. 4. As used in this chapter, "voting parties" means a credit union's members.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-6 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-6. Approval of Conversion

Sec. 6. (a) The department may approve or disapprove the plan of mutual bank conversion filed under section 5 of this chapter.(b) The department may not approve a plan of mutual bank conversion unless the department finds, after appropriate investigation or examination, but without the requirement of a public hearing, that:(1) the resulting mutual bank will operate in a safe, sound, and prudent manner;(2) the proposed mutual bank conversion will not result in a mutual bank that has inadequate capital, unsatisfactory management, or poor earnings prospects;(3) the management or other principals of the credit union are qualified by character and financial responsibility to control and operate in a legal and proper manner the mutual bank proposed to be formed as a result of the mutual bank conversion; and(4) the interests of the:(A) members and creditors of the credit union;(B) depositors and creditors of the mutual bank; and(C) public generally;will not be jeopardized by the proposed mutual bank conversion.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-7 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-7. Resulting Mutual Bank

Sec. 7. Upon the conversion of a credit union, the resulting mutual bank:(1) possesses all of the rights, privileges, immunities, and powers of a mutual bank;(2) unless otherwise provided in this chapter, is subject to all of the duties, restrictions, obligations, and liabilities of a mutual bank;(3) succeeds by operation of law to all rights and property of the converting credit union; and(4) is subject to all debts, obligations, and liabilities of the converting credit union as if the mutual bank had incurred the debts and liabilities.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-8 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-8. Transitional Period

Sec. 8. (a) During a transitional period not to exceed ten (10) years from the effective date of the conversion, the department may authorize the resulting mutual bank to do the following:(1) Wind up any activities legally engaged in by the credit union at the time of mutual bank conversion but not permitted to mutual banks.(2) Retain any assets legally held by the credit union at the time of the mutual bank conversion that may not be held by a mutual bank.(3) Attain and maintain sixty percent (60%) of its assets in investments that qualify under 26 U.S.C. 7701(a)(19).(b) The terms and conditions of any transitional period under this section are at the discretion of the department.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-9 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-9. Retention of Branch Banks

Sec. 9. A mutual bank created by charter conversion may retain all branches lawfully established.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-10 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-10. Articles of Mutual Bank Conversion

Sec. 10. (a) The converting credit union shall file articles of mutual bank conversion, approved in writing by the director, with the secretary of state.(b) The effective date of the mutual bank conversion is the date and time that the approved articles of mutual bank conversion are filed with the secretary of state, unless a later effective date is specified in the articles of mutual bank conversion.(c) The converting credit union shall record a copy of the articles of mutual bank conversion with the county recorder of the county where the principal office of the mutual bank is located.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-11 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-11. Applicability of Statutes and Rules

Sec. 11. Upon filing the articles of mutual bank conversion, the converted mutual bank, unless otherwise provided in this chapter, immediately is subject to all statutes and rules applicable to mutual banks.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-30-12 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 30. Charter Conversion of a Credit Union to a Mutual Savings Bank|28-1-30-12. Rules and Policies

Sec. 12. The department may adopt rules under IC 4-22-2 or policies to implement this chapter.As added by P.L.62-1999, SEC.2.
IN Code § 28-1-31-1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 31. Conversion of an Out-of-State Financial Institution Charter Into a Commercial Bank|28-1-31-1. "Charter Conversion"

Sec. 1. As used in this chapter, "charter conversion" means the conversion of an out-of-state financial institution to a commercial bank.As added by P.L.1-2006, SEC.490.
IN Code § 28-1-31-2 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 31. Conversion of an Out-of-State Financial Institution Charter Into a Commercial Bank|28-1-31-2. "Commercial Bank"

Sec. 2. As used in this chapter, "commercial bank" means a bank or trust company (as defined by IC 28-1-1-3(2)).As added by P.L.1-2006, SEC.490.
IN Code § 28-1-31-3 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 31. Conversion of an Out-of-State Financial Institution Charter Into a Commercial Bank|28-1-31-3. "Department"

Sec. 3. As used in this chapter, "department" means the department of financial institutions and, if applicable, the department's authorized delegate.As added by P.L.1-2006, SEC.490.
IN Code § 28-1-31-4 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 1. Department of Financial Institutions|Chapter 31. Conversion of an Out-of-State Financial Institution Charter Into a Commercial Bank|28-1-31-4. "Effective Time of the Charter Conversion"

Sec. 4. As used in this chapter, "effective time of the charter conversion" means:(1) the date on which articles of conversion are filed with the secretary of state; or(2) the date designated in the articles of conversion.As added by P.L.1-2006, SEC.490.