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Home » US Law » 2022 Ohio Revised Code » Title 13 | Commercial Transactions » Chapter 1322 | Ohio Residential Mortgage Lending Act (Rmla) » Section 1322.56 | Adoption of Rules to Comply With Nmls Requirements.

Effective: March 23, 2018

Latest Legislation: House Bill 199 – 132nd General Assembly

The superintendent of financial institutions may adopt, in accordance with Chapter 119. of the Revised Code, any rule necessary to comply with the requirements of the nationwide mortgage licensing system and registry, including requirements pertaining to all of the following:

(A) Payment of nonrefundable fees to apply for, maintain, and renew licenses through the nationwide mortgage licensing system and registry;

(B) Renewal or reporting dates;

(C) Procedures to amend or to surrender a license;

(D) Any other activity necessary for participation in the nationwide mortgage licensing system and registry.

Last updated June 22, 2021 at 2:40 PM