Delaware Administrative Code
Title 5 - Banking
2400 - Mortgage Loan Originators
2401 - Mortgage Loan Originator Licensing
Section 2401-23.0 - Transition
Universal Citation: 5 DE Admin Code 2401-23.0
Current through Register Vol. 28, No. 3, September 1, 2024
Pursuant to § 2404(e) of the statute and Section 2 of 77 Delaware Laws Chapter 96, the Commissioner may annually renew any license issued pursuant to Chapter 24 of Title 5 of the Delaware Code as it existed immediately prior to the enactment of the statute until such time as the statute is fully implemented; and also issue new licenses pursuant to that prior chapter until the later of either July 31, 2010, or until the Nationwide Mortgage Licensing System and Registry develops the qualified written test required for initial license applicants as specified by § 2408(a) of the statute and § 9.0 of this regulation, and the System is fully able to process applications pursuant to the statute.
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