Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.59 - BANKING AND FINANCIAL INSTITUTIONS
Subchapter 2.59.3 - Consumer Loan Licensees
Rule 2.59.310 - ADOPTION OF STANDARDIZED FORMS AND PROCEDURES OF THE NMLS
Current through Register Vol. 18, September 20, 2024
(1) The NMLS Policy Guidebook dated September 27, 2021, is adopted by reference and available on the NMLS website at mortgage.nationwidelicensingsystem.org/slr/common/policy/Pages/default.aspx.
(2) Except as provided in ARM 2.59.312, the NMLS deadlines, policies, procedures, and processes for all licensing-related actions, changes, and reports are adopted and available at mortgage.nationwidelicensingsystem.org/.
(3) Members of the public can look up the current license status, license number, states of licensure, contact information, and regulatory history of any consumer loan licensee at nmls.consumeraccess.org. If an entity is not listed on NMLS consumer access, it does not hold a consumer loan license issued by the department.
(4) All applicants for a consumer loan license shall use the NMLS-approved forms and checklists for all licensing-related activities, including but not limited to initial applications, renewals, amendments, surrenders, and reports.
AUTH: 32-5-209, 32-5-401, MCA; IMP: 32-5-201, 32-5-209, MCA