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This is an obsolete version of the rule. Please click on the rule number to view the current version.

2.59.1725    LICENSING EXEMPTIONS AND VOLUNTARY REGISTRATION BY EXEMPT ENTITIES WITH THE NATIONWIDE MORTGAGE LICENSING SYSTEM (NMLS)

(1) Any person claiming to be exempt under 32-9-104(1)(f), (h), or (i), MCA, from the licensing requirements of the Montana Mortgage Act must receive an exemption from the department before engaging in activities claimed to be exempt. A claim form may be found online at www.banking.mt.gov. Any fee for an exempt registration is set by NMLS and is payable as directed by NMLS.

History: 32-9-130, MCA; IMP, 32-9-104, MCA; NEW, 2010 MAR p. 1480, Eff. 6/25/10; AMD, 2012 MAR p. 1762, Eff. 9/7/12.

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