At all times, a lender and broker licensee shall: (1) Have available the net worth required by the provisions of section four of this article; (2) keep the bond required by said section in full force and effect; and (3) if the licensee be a foreign corporation, remain qualified to transact business in this state unless otherwise exempt.
Structure West Virginia Code
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
§31-17-5. Refusal or Issuance of License
§31-17-7. License Not Transferable or Assignable; License May Not Be Franchised; Renewal of License
§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
§31-17-13. Notice of Refusal, or Suspension or Revocation, of License; Relinquishing License
§31-17-14. Hearing Before Commissioner; Provisions Pertaining to Hearing
§31-17-16. Actions to Enjoin Violations
§31-17-17. Loans Made in Violation of This Article Void; Agreements to Waive Article Void