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§ 2095.12.1. Minimum standards for license renewal of mortgage lenders

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. § 2095.12.1
§ 2095.12.1. Minimum standards for license renewal of mortgage lenders
Currentness
A. The minimum standards for license renewal for mortgage lenders shall include the following:
1. The mortgage lender continues to meet the minimum standards for license issuance under this act; and
2. The mortgage lender has paid all required fees for renewal of the license.
B. The license of a mortgage lender failing to satisfy the minimum standards for license renewal shall expire. The Administrator of Consumer Credit may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.

Credits

Laws 2013, c. 98, § 7, eff. Nov. 1, 2013.
59 Okl. St. Ann. § 2095.12.1, OK ST T. 59 § 2095.12.1
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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