All mortgage loan originators shall be sponsored by a mortgage loan originator company, an exempt sponsoring mortgage loan originator company, or a nonprofit organization. At no time shall a mortgage loan originator be sponsored by more than one Hawaii licensed mortgage loan originator company, exempt sponsoring mortgage loan originator company, or nonprofit organization.
Haw. Rev. Stat. § 454F-1.8
Sponsorship by mortgage loan originator company, exempt sponsoring mortgage loan originator company, or nonprofit organization
L 2011, c 194, pt of §1; am L 2012, c 252, §6
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.