Colorado Statutes

§ 12-10-723 — Acts of employee - mortgage loan originator's liability

Colorado·Title 12 Professions·Art. Real Estate
An unlawful act or violation of this part 7 upon the part of an agent or employee of a licensed mortgage loan originator shall not be cause for disciplinary action against a mortgage loan originator unless it appears that the mortgage loan originator knew or should have known of the unlawful act or violation or had been negligent in the supervision of the agent or employee.

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Legislative History

Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 710, � 1, effective October 1.

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