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 the
commissioner within 10 business days of the occurrence of any of the following
events:

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

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

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

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

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