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Bill > HB1092


IN HB1092

IN HB1092
Business association matters.


summary

Introduced
01/04/2022
In Committee
02/14/2022
Crossed Over
01/25/2022
Passed
02/23/2022
Dead
Signed/Enacted/Adopted
03/18/2022

Introduced Session

2022 Regular Session

Bill Summary

Businessassociation matters. Removes the requirement thatlicensees must file to renew their license at least 30 days before thelicense expires. Requires loan brokers to provide all parties to aservices contract with written notice if the loan broker has an exclusive agreement to refer all loans from one lender. Removes solicitors fromthe definition ofinvestment adviser representative. Defines"third partysolicitor" and describes a "third party solicitor's written disclosure document" for the Indiana uniform securities act. Requires certaindisclosures to the client regarding a third party solicitor. Removesrequirement that a secured party provide a copy of a financingstatement to a debtor not later than 30 days after the financingstatement is filed.

AI Summary

This bill makes several changes to business association matters in Indiana: It removes the requirement that licensees must file to renew their license at least 30 days before the license expires. It requires loan brokers to provide written notice to all parties to a services contract if the loan broker has an exclusive agreement to refer all loans from one lender. It removes solicitors from the definition of investment adviser representative. It defines a "third party solicitor" and describes the required disclosures a third party solicitor must make to clients. It removes the requirement that a secured party provide a copy of a financing statement to a debtor within 30 days after it is filed. Overall, the bill aims to update and streamline various business regulations in the state.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Public Law 158 (on 03/18/2022)

bill text


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bill summary

Document Type Source Location
State Bill Page http://iga.in.gov/legislative/2022/bills/house/1092/
Fiscal Note #1: Enrolled House Bill (H) http://iga.in.gov/static-documents/3/3/3/f/333fb55c/HB1092.04.ENRS.FN001.pdf
Bill http://iga.in.gov/static-documents/d/e/7/8/de781d65/HB1092.03.COMS.pdf
Bill http://iga.in.gov/static-documents/e/8/4/4/e8446e03/HB1092.04.ENRS.pdf
Concurrence #1 (P) http://iga.in.gov/static-documents/0/8/6/d/086def0f/HB1092.03.COMS.CON01.pdf
Fiscal Note #3: House Bill (S) http://iga.in.gov/static-documents/e/9/7/6/e976b703/HB1092.03.COMS.FN003.pdf
Fiscal Note #2: House Bill (S) http://iga.in.gov/static-documents/d/f/5/3/df53323d/HB1092.03.COMS.FN002.pdf
Bill http://iga.in.gov/static-documents/8/3/b/b/83bb6a66/HB1092.03.COMS.pdf
Bill http://iga.in.gov/static-documents/7/9/8/7/7987bb9d/HB1092.02.COMH.pdf
Fiscal Note #1: House Bill (S) http://iga.in.gov/static-documents/d/4/4/a/d44ab302/HB1092.03.COMS.FN001.pdf
Senate Committee Report http://iga.in.gov/static-documents/1/8/b/e/18be0018/HB1092.02.COMH.CRS001.pdf
Fiscal Note #3: House Bill (H) http://iga.in.gov/static-documents/3/c/d/d/3cdd318d/HB1092.02.COMH.FN003.pdf
Fiscal Note #2: House Bill (H) http://iga.in.gov/static-documents/c/b/9/f/cb9fdf6a/HB1092.02.COMH.FN002.pdf
Fiscal Note #1: House Bill (H) http://iga.in.gov/static-documents/3/6/f/0/36f0ad24/HB1092.02.COMH.FN001.pdf
Bill http://iga.in.gov/static-documents/1/6/a/1/16a1fbaf/HB1092.01.INTR.pdf
Bill http://iga.in.gov/static-documents/3/5/2/e/352ec291/HB1092.02.COMH.pdf
House Committee Report http://iga.in.gov/static-documents/e/3/4/e/e34eec4c/HB1092.01.INTR.CRH001.pdf
Bill http://iga.in.gov/static-documents/8/e/5/7/8e572028/HB1092.01.INTR.pdf
Fiscal Note #1: Introduced House Bill (H) http://iga.in.gov/static-documents/6/8/1/4/681475bb/HB1092.01.INTR.FN001.pdf
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