58.09 TERM OF LICENSE.
Initial licenses for residential mortgage originators and residential mortgage servicers issued
under this chapter expire on July 31, 2001, and are renewable on August 1, 2001, and on August 1
of each odd-numbered year after that date. A new licensee whose license expires less than 12
months from the date of issuance shall pay a fee equal to one-half the applicable initial license
fee set forth in section
58.10, subdivision 1, clause (1) or (3).
History: 1998 c 343 art 1 s 9