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Section 40-58-10. Citation of chapter; mortgage loan broker requirements. - (A) This chapter may be cited as the Licensing of...
Section 40-58-20. Definitions. - As used in this chapter: (1) "Act as a mortgage...
Section 40-58-30. Mortgage brokers and loan originators to be licensed; exceptions. - (A) A person may not act as a mortgage broker...
Section 40-58-40. Surety bonds; determination of amount; uses. - A mortgage broker shall post and maintain a surety bond...
Section 40-58-50. Application for licensure; applicant work experience and education requirements; exceptions; license required for qualified loan originator. - (A) An application to become licensed as a mortgage broker...
Section 40-58-55. (Reserved). - HISTORY: 2009 Act No. 67, Section 5.
Section 40-58-60. Issuance of license; contents and posting; issuance as indication of approval of contracts by State or state agency; correction of errors; advertising. - (A) Upon the filing of an application for a license,...
Section 40-58-65. Maintenance, availability, and examination of records; mortgage loan logs; official place of business; notice to close branch office or to cease business in State. - (A) A mortgage broker licensed pursuant to this chapter must...
Section 40-58-67. Continuing professional education requirements. - (A)(1) Licensees must complete at least eight hours of continuing...
Section 40-58-70. Prohibited activities. - In addition to the activities prohibited by other provisions of...
Section 40-58-75. Mortgage broker fee agreements disclosing charges. - (A) Within three business days of the receipt of an...
Section 40-58-78. Mortgage broker fee agreement requirements; penalty for violations; unintentional violations. - (A) A mortgage broker fee agreement with a mortgage broker...
Section 40-58-80. Denial, suspension, revocation, or nonrenewal of license; grounds; administrative penalty; cease and desist orders; investigation or examination of loans; notification of national registry. - (A) The administrator, by order, may deny, suspend, revoke, or...
Section 40-58-90. Request for contested case hearing before Administrative Law Court. - (A) A person aggrieved by an administrative order issued by...
Section 40-58-100. Authority to promulgate regulations. - The administrator may promulgate regulations necessary to effectuate the purposes...
Section 40-58-110. License application and renewal fees; term of license; late renewals. - (A)(1) In addition to the initial nonrefundable license application fee...
Section 40-58-120. Maintenance of records; composite annual report; confidentiality. - (A) A licensee shall maintain records in conformity with generally...
Section 40-58-130. Participation in Nationwide Mortgage Licensing System Registry. - (A) The administrator may participate in the Nationwide Mortgage Licensing...