| SB 0175 | Exempts small mortgage brokers from audit requirements |
| Sponsor: | Rohrbach | |||
| LR Number: | S0651.03P | Fiscal Note: | 0651-03 | |
| Committee: | Financial and Governmental Organization | |||
| Last Action: | 04/14/99 - Hearing Conducted H Banks & Financial Institutions | Journal page: | ||
| Committee | ||||
| Title: | SCS SB 175 | |||
| Effective Date: | August 28, 1999 | |||
SCS/SB 175 - This act exempts small residential mortgage
brokers from filing annual audits. It applies only to brokers
who have posted a bond in an amount as determined by the Director
of the Division of Finance to protect members of the public who
are transacting business with the licensee.
RUSS HEMBREE