☰ Revisor of Missouri

Title XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY

Chapter 443

Effective - 08 Jul 2009, see footnote bottom

  443.721.  Renewal of licensure, minimum standards. — 1.  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 sections 443.701 to 443.893;

  (2)  The mortgage loan originator has satisfied the annual continuing education requirements under sections 443.701 to 443.893;

  (3)  The mortgage loan originator has paid all required fees for renewal of the license and any other outstanding obligations to the division or the NMLSR.

  2.  The license of a mortgage loan originator failing to satisfy the minimum standards for license renewal shall expire.  The director may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the NMLSR.

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(L. 2009 H.B. 382)

Effective 7-08-09


---- end of effective   08 Jul 2009 ----

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