Residency requirements of managing brokers; certain nonresidents may be managing brokers

Ind. Code § 25-34.1-4-3
in effect
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Sec. 3. (a) Except as provided in subsection (b), each individual who is a managing broker shall be a resident of Indiana. (b) A nonresident may be a managing broker if none of the licensees associated with the managing broker's broker company are residents of Indiana. As added by Acts 1979, P.L.248, SEC.1. Amended by P.L.128-1994, SEC.5; P.L.64-2004, SEC.21; P.L.127-2012, SEC.22; P.L.116-2015, SEC.7.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/25Fetched: 10/17/2026

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