TITLE 760 DEPARTMENT OF INSURANCE

Notice of Intent to Adopt a Rule

LSA Document #09-350

Under IC 4-22-2-23, the Department of Insurance intends to adopt a rule concerning the following:

OVERVIEW: To set forth procedures for the establishment and collection of an administrative fee to cover the department's expenses in creating or maintaining, or both, the residential mortgage transactions electronic database required by IC 27-7-3-15.5(b), to allow closing agents to retain a portion of the fee to cover costs for inputting information into the database, and to otherwise implement IC 27-7-3-15.5. Written comments should be addressed to Meggan Brumbaugh, Department of Insurance, 311 West Washington Street, Indianapolis, IN, 46204. Statutory authority: IC 27-7-3-15.5.

For purposes of IC 4-22-2-28.1, the Small Business Regulatory Coordinator for this rule is:

Meggan Brumbaugh

Department of Insurance

311 West Washington Street

Suite 300

Indianapolis, IN 46204

(317) 232-0143

mbrumbaugh@idoi.in.gov

DIN: 20090520-IR-760090350NIA

Composed: May 07,2024 1:34:46AM EDT

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