Senate Bill 0572
DIGEST OF SB572 (Updated February 23, 2009 8:43 pm - DI 84)
Mortgage loan creditors and originators. Makes various changes to the laws concerning licensing residential mortgage loan creditors and originators to comply with requirements of the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008. Repeals provisions being superseded by this bill. Repeals provisions under the Uniform Consumer Credit Code concerning the following: (1) A definition index. (2) Revocations of certain licenses.
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