IC 23-2.5-11-15 — Contempt of court; liability for damages; contract void
Chapter 11. Violations and Civil Enforcement
Bills citing this section
Section text
Sec. 15. (a) If a person fails, refuses, or neglects to comply with a court order under this chapter, the person must be held in contempt of court. (b) A person who violates this article or a rule adopted under this article, in connection with a contract for the activities of a loan broker, is liable to a person damaged by the violation for: (1) the amount of the actual damages suffered; (2) interest at the legal rate; and (3) attorney's fees. (c) If a person violates this article, or a rule adopted under this article, in connection with a contract for the activities of a loan broker, the contract is void, and the prospective borrower is entitled to receive from the loan broker all sums paid to the loan broker.
As added by P.L.175-2019, SEC.2.
Source: official publisher (2026 edition)