9-2215

Chapter 9.--BANKS AND BANKING; TRUST COMPANIES
Article 22.--MORTGAGE BUSINESS

      9-2215.   Change in licensee's business;notice.(a) A licensee shall provide written notice to thecommissioner within 10 business days of the occurrence of any of the followingevents:

      (1)   The closing or relocation of theprincipal place of business or any branch office;

      (2)   a change in the licensee'sname or legal entity status; or

      (3)   the addition or loss of any loanoriginator, owner, officer, partner or director.

      (b)   The commissioner may request additional information concerning anywritten notice received pursuant to subsection (a)and charge a reasonable fee for any action required by the commissioner as aresult of such notice and additional information.

      History:   L. 1999, ch. 45, § 14;L. 2001, ch. 88, § 15; Nov. 1.