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§ 2095.10. Minimum standards for mortgage loan originator license renewal

Oklahoma Statutes AnnotatedTitle 59. Professions and Occupations

Oklahoma Statutes Annotated
Title 59. Professions and Occupations (Refs & Annos)
Chapter 46C-1. Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act
59 Okl.St.Ann. § 2095.10
§ 2095.10. Minimum standards for mortgage loan originator license renewal
Currentness
A. The minimum standards for license renewal for mortgage loan originators shall include the following:
1. The mortgage loan originator continues to meet the minimum standards for license issuance under Section 10 of this act;1
2. The mortgage loan originator has satisfied the annual continuing education requirements described in Section 24 of this act;2 and
3. The mortgage loan originator has paid all required fees for renewal of the license.
B. The license of a mortgage loan originator failing to satisfy the minimum standards for license renewal shall expire. The Administrator of Consumer Credit may adopt procedures in addition to the requirements of Section 9 of this act3 for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.

Credits

Laws 2009, c. 190, § 13, eff. July 1, 2009.

Footnotes

1
Title 59, § 2095.7
2
Title 59, § 2095.21
3
Title 59, § 2095.6
59 Okl. St. Ann. § 2095.10, OK ST T. 59 § 2095.10
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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