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Office of the Revisor of Statutes

SF 2643 Senate Long Description

1E Relating to financial institutions;

ARTICLE 1 - MINNESOTA S.A.F.E. MORTGAGE LICENSING ACT OF 2010

"Minnesota Secure and Fair Enforcement for Mortgage Licensing Act of 2009" or "Minnesota S.A.F.E. Mortgage Licensing Act of 2009"; providing for the licensing and regulation of an individual engaged in the business of a mortgage loan origination or the mortgage loan business

ARTICLE 2 - CONFORMING AND TRANSITIONAL PROVISIONS RELATING TO MINNESOTA STATUTES, CHAPTER 58

Providing conforming and transitional statutory changes; requiring a surety bond for residential mortgage originators; modifying fees and renewal dates and fees; authorizing an assessment; repealing an education and testing requirement
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