Pennsylvania § 6136 Licensee limitations

Pennsylvania Statutes

§ 6136 — Licensee limitations

Pennsylvania § 6136

JurisdictionPennsylvania

Title 7BANKS AND BANKING

PartPART II

Ch. 61MORTGAGE LOAN INDUSTRY LICENSING AND CONSUMER PROTECTION

Subch.ADMINISTRATIVE AND LICENSURE PROVISIONS

This text of Pennsylvania § 6136 (Licensee limitations) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

7 Pa. Cons. Stat. § 6136 (2026).

Text

(a)Name and changes to name.--A licensee cannot transact any business under this chapter under any other name or names except those names designated in its license. A mortgage originator may not use any other name other than the mortgage originator's personal legal name. A licensee that changes its name or place or places of business shall notify the department or the Nationwide Mortgage Licensing System and Registry, as determined by the department, within ten days of the change.

(b)Other businesses.--A licensee cannot conduct a business other than the mortgage loan business licensed by the department under this chapter without at least 30 days' prior written notification to the department.

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(a) Name and changes to name.--A licensee cannot transact any business under this chapter under any other name or names except those names designated in its license. A mortgage originator may not use any other name other than the mortgage originator's personal legal name. A licensee that changes its name or place or places of business shall notify the department or the Nationwide Mortgage Licensing System and Registry, as determined by the department, within ten days of the change.

(b) Other businesses.--A licensee cannot conduct a business other than the mortgage loan business licensed by the department under this chapter without at least 30 days' prior written notification to the department.