Bill Summary for H 616 (2013-2014)
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Summary date:
May 6 2013
S.L. 2013-327
Bill Information:
| View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT AMENDING THE SECURE AND FAIR ENFORCEMENT MORTGAGE LICENSING ACT TO PROVIDE FOR THE LICENSURE OF A TRANSITIONAL MORTGAGE LOAN ORIGINATOR.Intro. by Szoka, Dockham, B. Brown.
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Bill summary
House committee substitute makes the following changes to the 1st edition.
Makes technical corrections to GS 53-244.040 to insert an omitted word and to correct a typographical error.
Clarifies that upon the July 1, 2013,effective date of this act,the actwill apply toapplications for licensure as a transitional mortgage loan originator filed on or after that date.