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Montana Division of Banking and Financial Institutions · MT

MAR Notice 2-59-523: Notice of Proposed Amendment: Recovery of the Costs in Bringing an Administrative Action; Treatment of Initial License Applications Submitted Near Year-end; and Abandonment of Initial License Applications, All Related t

May 15, 2015

Summary

The Montana Division of Banking and Financial Institutions proposes amendments regarding the recovery of administrative action costs and clarified handling of late-year license applications. These changes establish firm triggers for the abandonment of mortgage license applications that remain incomplete or inactive for specified periods.

MAR Notice 2-59-523 — published 2015-05-15

Notice of Proposed Amendment: Recovery of the Costs in Bringing an Administrative Action; Treatment of Initial License Applications Submitted Near Year-end; and Abandonment of Initial License Applications, All Related to Mortgage Licensees

Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=6378

Common questions

What does "MAR Notice 2-59-523: Notice of Proposed Amendment: Recovery of the Costs in Bringing an Administrative Action; Treatment of Initial License Applications Submitted Near Year-end; and Abandonment of Initial License Applications, All Related t" cover?
The Montana Division of Banking and Financial Institutions proposes amendments regarding the recovery of administrative action costs and clarified…
Which agency issued this update?
This update was issued by Montana Division of Banking and Financial Institutions.
When was it published?
It was published on May 15, 2015.

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