Title 70D - Financial Institution Mortgage Financing Regulation Act - Chapter 3 - Financial Institution Loan Originator Licensing Act - Part 2 - Licensing Requirements and Procedures - Section 204 - Renewal of license.

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Utah Code

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70D-3-204 Renewal of license. (1) A license issued under this chapter expires on December 31 of each year. (2) To qualify to renew a license under this chapter an individual shall:

(a) meet the requirements of Section 70D-3-202; and (b) complete the annual continuing education requirements of Section 70D-3-303.

(3) To renew a license under this chapter an individual shall: (a) file an application with the commissioner in a form prescribed by the commissioner in rule; (b) demonstrate that the individual continues to meet the requirements related to the nationwide

database under 12 U.S.C. Sec. 5104; (c) demonstrate completion of the continuing education requirements; and (d) notwithstanding the requirements applicable to a regulatory fee under Section 63J-1-504, pay

a fee of $100.

Enacted by Chapter 72, 2009 General Session