Notwithstanding any provisions of this chapter to the contrary, mortgage companies engaging in business on or before June 1, 2000, shall be duly licensed by the department after submitting not later than January 1, 2001, the required documents and fees provided in Sections 81-18-9 and 81-18-15. However, upon the expiration of the initial licenses for such mortgage companies, the department shall renew the licenses only if the mortgage companies satisfy all of the provisions of this chapter.
Structure Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 18 - Mississippi S.A.F.E. Mortgage Act
§ 81-18-8. Enactment of local ordinances and regulations in compliance with this chapter authorized
§ 81-18-25. Requirements for principal place of business and branch offices
§ 81-18-29. Promulgation of rules and regulations
§ 81-18-31. Regulations governing advertising of mortgage loans
§ 81-18-33. Required contents of individual borrower files and individual servicer files
§ 81-18-41. Continuation of loan servicing under existing servicing contracts by suspended licensee
§ 81-18-45. Commissioner authorized to hire additional full-time employees
§ 81-18-49. Grandfather provisions