Section 40-58-10. Citation of chapter; mortgage loan broker requirements.

SC Code § 40-58-10 (2019) (N/A)
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(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.

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.