24-4.4-2-404.3. Consent agreement; notice of charges not required

IN Code § 24-4.4-2-404.3 (2019) (N/A)

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Sec. 404.3. If the director enters into a consent to a final order under section 404.4 of this chapter with a creditor, a director, an officer, or a manager, the director is not required to issue and serve a notice of charges upon the creditor, director, officer, or manager under section 404.1 of this chapter. A consent agreement may be negotiated and entered into before or after the issuance of a notice of charges. The director shall provide a copy of the consent order to the board of directors of the creditor.

As added by P.L.35-2010, SEC.21. Amended by P.L.176-2019, SEC.7.

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24-4.4-2-404.2. Director's notice of intent to issue order; contents; hearing; final order; suspension or prohibition pending final order; official record

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24-4.4-2-404.4. Final order; penalties; time for issuance; consent presumed upon failure to appear

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