Citation of chapter; mortgage loan broker requirements
Known as the Licensing of Mortgage Brokers Act
The act spans §§ 40–40 (18 sections).
2009 Act No. 67, SECTION 5.
(A) This chapter may be cited as the Licensing of Mortgage Brokers Act.
(B) A person may not broker a mortgage loan as defined in this chapter unless the broker of the mortgage loan:
(1) is an exempt person as defined by Section 40-58-20(16); or
(2) has complied with the provisions of this chapter.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.