Bob Heaton
- Republican
- Representative
- District 46
Author
Allows the Indiana securities commissioner to request additional information for determining whether a franchise offer or sale is exempt from registration requirements. Provides that a continuing care retirement community's annual disclosure statement must be filed not later than 12 months following the end of its fiscal year. Provides that an individual may not engage in loan processing activities unless certain requirements have been met. Provides that a registered mortgage loan originator is not required to obtain a license under the law governing loan brokers. Provides that the securities division may discipline an individual who fails to comply with disclosure requirements. Amends the law on the licensing of collection agencies by adding a definition of "branch office" and providing that it is unlawful to operate a branch office without meeting certain requirements or to fail to comply with certain disclosure requirements.
Public Law 205
Signed by the Governor
Signed by the President of the Senate
Signed by the President Pro Tempore
Signed by the Speaker
Returned to the House without amendments
Senator Sandlin added as second sponsor
Senator Randolph added as cosponsor
Third reading: passed; Roll Call 369: yeas 47, nays 0
Second reading: ordered engrossed
Committee report: do pass, adopted
First reading: referred to Committee on Insurance and Financial Institutions
Referred to the Senate
Senate sponsor: Senator Holdman
Third reading: passed; Roll Call 29: yeas 94, nays 2
Second reading: ordered engrossed
Committee report: do pass, adopted
Authored by Representative Heaton
First reading: referred to Committee on Financial Institutions and Insurance
Coauthored by Representatives Carbaugh, Schaibley, Mayfield
| Bill Text Versions | Format |
|---|---|
| Introduced House Bill (H) | |
| House Bill (H) | |
| House Bill (S) | |
| Enrolled House Bill (H) |
| Document | Format |
|---|---|
| Fiscal Note: HB1462.04.ENRS.FN001 |
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