Chapter

Licensing of Mortgage Brokers Act

S.C. Code Ann. § 40-58-10— Citation of chapter; mortgage loan broker requirements
S.C. Code Ann. § 40-58-20— Definitions
S.C. Code Ann. § 40-58-30— Mortgage brokers and loan originators to be licensed; exceptions
S.C. Code Ann. § 40-58-40— Surety bonds; determination of amount; uses
S.C. Code Ann. § 40-58-50— Application for licensure; applicant work experience and education requirements; exceptions; license required for qualified loan originator
S.C. Code Ann. § 40-58-55— (Reserved)
S.C. Code Ann. § 40-58-60— Issuance of license; contents and posting; issuance as indication of approval of contracts by State or state agency; correction of errors; advertising
S.C. Code Ann. § 40-58-65— Maintenance, availability, and examination of records; mortgage loan logs; official place of business; notice to close branch office or to cease business in State
S.C. Code Ann. § 40-58-67— Continuing professional education requirements
S.C. Code Ann. § 40-58-70— Prohibited activities
S.C. Code Ann. § 40-58-75— Mortgage broker fee agreements disclosing charges
S.C. Code Ann. § 40-58-78— Mortgage broker fee agreement requirements; penalty for violations; unintentional violations
S.C. Code Ann. § 40-58-80— Denial, suspension, revocation, or nonrenewal of license; grounds; administrative penalty; cease and desist orders; investigation or examination of loans; notification of national registry
S.C. Code Ann. § 40-58-90— Request for contested case hearing before Administrative Law Court
S.C. Code Ann. § 40-58-100— Authority to promulgate regulations
S.C. Code Ann. § 40-58-110— License application and renewal fees; term of license; late renewals
S.C. Code Ann. § 40-58-120— Maintenance of records; composite annual report; confidentiality
S.C. Code Ann. § 40-58-130— Participation in Nationwide Mortgage Licensing System Registry