South Carolina Statutes
§ 40-58-10 — Citation of chapter; mortgage loan broker requirements.
(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.
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Legislative History
HISTORY: 2009 Act No. 67, SECTION 5. Editor's Note Prior Laws:1988 Act No. 544; 1993 Act No. 172, SECTION 1; 1998 Act No. 336, SECTION 2; 2005 Act No. 7, SECTION 1.
Nearby Sections
15
§ 40-58-100
Authority to promulgate regulations.§ 40-58-20
Definitions.§ 40-58-55
(Reserved).§ 40-58-70
Prohibited activities.