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Minnesota Legislature

Office of the Revisor of Statutes

58A.045 TERM OF LICENSE AND FEES.

Subdivision 1.Term.

Licenses for mortgage loan originators issued under this chapter expire on December 31 and are renewable on January 1 of each year after that date.

Subd. 2.Fees.

The following fees must be paid to the commissioner:

(1) for a mortgage loan originator license, $90; and

(2) for a renewal mortgage loan originator license, $50.