West Virginia Code
Article 17. West Virginia Residential Mortgage Lender, Broker and Servicer Act
§31-17-20. Effective Date

The amendments to this article enacted during the regular session of the Legislature in the year 2009 shall be effective as of July 1, 2009.

Structure West Virginia Code

West Virginia Code

Chapter 31. Corporations

Article 17. West Virginia Residential Mortgage Lender, Broker and Servicer Act

§31-17-1. Definitions and General Provisions

§31-17-2. License Required for Lender and Broker Originator; Exemptions

§31-17-3. Supervision by Commissioner of Banking; Rules and Regulations; Personnel; Participation in the Nationwide Mortgage Licensing System and Registry

§31-17-4. Applications for Licenses; Requirements; Bonds; Fees; Renewals; Waivers and Reductions; per Loan Fee

§31-17-5. Refusal or Issuance of License

§31-17-6. Minimum Net Worth to Be Maintained; Bond to Be Kept in Full Force and Effect; Foreign Corporation to Remain Qualified to Do Business in This State

§31-17-7. License Not Transferable or Assignable; License May Not Be Franchised; Renewal of License

§31-17-8. Maximum Interest Rate on Subordinate Loans; Prepayment Rebate; Maximum Points, Fees and Charges; Overriding of Federal Limitations; Limitations on Lien Documents; Prohibitions on Primary and Subordinate Mortgage Loans; Civil Remedy

§31-17-9. Disclosure; Closing Statements; Other Records Required; Record-Keeping Requirements

§31-17-10. Advertising Requirements

§31-17-11. Records and Reports; Examination of Records; Analysis

§31-17-12. Grounds for Suspension or Revocation of License; Suspension and Revocation Generally; Reinstatement or New License; Penalties and Fines for Violation of This Article

§31-17-13. Notice of Refusal, or Suspension or Revocation, of License; Relinquishing License

§31-17-14. Hearing Before Commissioner; Provisions Pertaining to Hearing

§31-17-15. Judicial Review

§31-17-16. Actions to Enjoin Violations

§31-17-17. Loans Made in Violation of This Article Void; Agreements to Waive Article Void

§31-17-18. Violations and Penalties

§31-17-19. Severability

§31-17-20. Effective Date