South Carolina Code of Laws
Chapter 22 - Mortgage Lending
Section 37-22-240. Criminal background checks.

Using the information supplied by the commissioner, the applicant must undergo a national criminal record check, supported by fingerprints, by the Federal Bureau of Investigation (FBI). The results of these criminal record checks must be reported to the commissioner. The Nationwide Mortgage Licensing System and Registry is authorized to retain the fingerprints for certification purposes and for notification of the commissioner regarding subsequent criminal charges which may be reported to the FBI. The commissioner shall keep all information pursuant to this section privileged, in accordance with applicable state and federal guidelines.
HISTORY: 2009 Act No. 67, Section 2, eff January 1, 2010; 2017 Act No. 93 (S.366), Section 7, eff September 16, 2017.
Effect of Amendment
2017 Act No. 93, Section 7, rewrote the section, removing certain requirements and authorizing the Nationwide Mortgage Licensing System and Registry to retain fingerprints for certain purposes.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 37 - Consumer Protection Code

Chapter 22 - Mortgage Lending

Section 37-22-110. Definitions.

Section 37-22-120. Licensing requirements.

Section 37-22-130. Contested case proceedings; appeals.

Section 37-22-140. Application for licensure; information required; identification of managing principal; filing fee; surety bond; issuance of license.

Section 37-22-150. Expiration and renewal of licenses; fingerprint check; assignment or transfer of license.

Section 37-22-160. Continuing professional education.

Section 37-22-170. Managing principal; branch offices; notification of commissioner of designation and change of managing principal or branch manager.

Section 37-22-180. Notice of change of address; display of license.

Section 37-22-190. Prohibited activities; violation of state or federal law.

Section 37-22-200. Powers of commissioner relating to denial, suspension, revocation or refusal to renew license; surrender; investigations and subpoena of documents.

Section 37-22-210. Commissioner's records; segregated escrow funds; licensee ceasing business activities.

Section 37-22-220. Maintenance of records by licensee; annual mortgage reports.

Section 37-22-230. Violations of chapter; penalties.

Section 37-22-240. Criminal background checks.

Section 37-22-250. Funds payable to commissioner.

Section 37-22-260. Promulgation of regulations.

Section 37-22-270. Participation in Nationwide Mortgage Licensing System and Registry.