Hawaii Revised Statutes 454f-1.8 Sponsorship by Mortgage Loan Originator Company, Exempt Sponsoring Mortgage Loan Originator Company, or Nonprofit Organization.

Revision Note

Sections 454F-1 to 454F-26 designated as Part I pursuant to §23G-15.

§454F-1.8 Sponsorship by mortgage loan originator company, exempt sponsoring mortgage loan originator company, or nonprofit organization. All mortgage loan originators shall be sponsored by a mortgage loan originator company, an exempt sponsoring mortgage loan originator company, or a nonprofit organization. At no time shall a mortgage loan originator be sponsored by more than one Hawaii licensed mortgage loan originator company, exempt sponsoring mortgage loan originator company, or nonprofit organization. [L 2011, c 194, pt of §1; am L 2012, c 252, §6]

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Last modified: October 27, 2016