750 IAC 9-2-2 Construction

[NOTE: IC 24-4.4 is repealed by P.L. 115-2026, SECTION 22, effective July 1, 2026.] [NOTE: IC 24-4.5 is repealed by P.L. 115-2026, SECTION 23, effective July 1, 2026.] Sec. 2. (a) This article shall be liberally construed and applied to promote its underlying purposes and policies. (b) The underlying purposes and policies of this article are: (1) to permit and encourage the development of fair and economically sound mortgage lending practices; and (2) to conform the regulation of mortgage lending practices to applicable state and federal laws, rules, regulations, policies, and guidance. (c) A reference to a requirement imposed by this article includes references to a related law or rule, or to any policy or guidance document of the department adopted under this article. (d) To carry out the purposes of this article, the director has the broad administrative authority to administer, interpret, and enforce this article. (e) A reference to a federal law in this article is a reference to the law in effect as of January 1, 2019.