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March 7, 2026
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2024 Statute

Section Number

9-2201 - Definitions.
9-2202 - Organizations, entities and individuals exempt from licensure.
9-2203 - License required to conduct mortgage business; mortgage business at remote locations, requirements; registration required for a loan originator; penalty; statute of limitations for prosecution.
9-2204 - Application for license for mortgage company; application for registration for loan originator; content; incomplete application.
9-2205 - License or registration; renewal; fees, late fees, uses.
9-2206 - Application denied; application abandoned; appeal.
9-2207 - Denial, suspension or revocation of license or registration; notice; disciplinary proceedings.
9-2208 - Availability of evidence of licensure; providing notice of certain information to consumer; contents; advertising or solicitation disclosures.
9-2209 - Powers and duties of state bank commissioner; orders to appear before commissioner; other remedies available to consumers.
9-2210 - Fees; disposition.
9-2211 - Bonding requirements; positive net worth requirements.
9-2212 - Prohibited acts for persons licensed or registered under act.
9-2213 - Time limit for deposit of escrow funds; records required.
9-2214 - Ownership of documents.
9-2215 - Change in licensee's business; notice.
9-2216 - Retention of records; time period; inspection of records; security of records; preservation of records.
9-2216a - Annual written report; penalty; consumer education fund; confidentiality of information in such report.
9-2217 - Confidentiality of examination reports; exceptions.
9-2218 - Cease and desist orders; civil fines.
9-2219 - Injunction.
9-2220 - Citation of act; severability clause.
9-2221 - Computation of any period of time under act.
9-2222 - Electronic writings or signatures authorized.
9-2223 - Applicability of provisions to covered transactions.
9-2224 - Restrictions on interest in land as security; violation.
9-2225 - Waiver or agreement to forego rights; settlement of claims; authorization to confess judgment prohibited; authorization in violation of section is void.
9-2226 - Effect of violations on rights of parties; cause of action by consumer; correction of error by mortgage company; reimbursement of fees and costs.
9-2227 - Right to prepay unpaid balance of covered transaction.
9-2228 - Limitation on periodic finance charge for covered transactions and prepaid finance charges.
9-2229 - Additional charges allowed.
9-2230 - Late fees authorized; limitation.
9-2231 - Loans secured by mortgages on consumer's principal residence; negative amortization and balloon payments prohibited.
9-2232 - Appraisals required; notice to consumer of high loan-to-value mortgage; refund of certain fees after consumer withdrawals from covered transaction.
9-2233 - Enforcement of default provision in agreement.
9-2234 - Cure of default and notice of right to cure; surrender of collateral by consumer; possession of collateral by mortgage company.
2026. Powered by KLISS. Rendered: 2026-03-07T11:52:08. Head Rev No: 1485844(I)