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Financial Institution Mortgage Financing Regulation Act | |
Mortgage Lending and Servicing Act | |
Section 202 | Form of notice. |
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70D-2-202. Form of notice. (1) (a) A person required to file notification with the commissioner under Section 70D-2-201 shall file notification with the commissioner: (i) at least 30 days before commencing business as a lender, broker, or servicer in this state; and (ii) on or before January 31 of each year after filing the notification required under Subsection (1)(a)(i). (b) A notification required by this Subsection (1) shall state: (i) the name of the person; (ii) the name in which the business will be transacted if different from the name in Subsection(1)(b)(i); (iii) the address of the person's principal business office, which may be outside this state; (iv) the addresses of each office in this state at which the person conducts business as a lender, broker, or servicer; (v) if the person conducts business as a lender, broker, or servicer but does not maintain an office in this state, a brief description of the manner in which the business is conducted; (vi) the name and address in this state of a designated agent upon whom service of process may be made; and (vii) any other information required by the rules of the commissioner. (2) If information in a notification becomes inaccurate after filing, a person is not required to notify the commissioner until the earlier of when: (a) the person is required to renew the person's notification; or (b) the commissioner specifically requests earlier notification.
Renumbered and Amended by Chapter 72, 2009 General Session |
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