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Arizona Arizona Revised Statutes

§ 6-991.03 — Licensing; renewal; qualifications; application; fees

ARS § 6-991.03Title 6. Banks and Financial Institutions · Ch. 9. MORTGAGE BROKERS, MORTGAGE BANKERS AND LOAN ORIGINATORS · Art. 4. Loan Originators

Statute text

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6-991.03. Licensing; renewal; qualifications; application; fees A. A natural person shall not act as a loan originator unless the person is licensed under this article. B. The deputy director shall not grant a loan originator license to a person, other than a natural person. An applicant for an original loan originator's license shall have done all of the following: 1. Satisfactorily completed a course of study, including at least twenty hours of education, for loan originators approved by the deputy director during the three-year period immediately preceding the time of application. The twenty hours of education must include at least all of the following:
(a)Three hours of federal law.
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Source: Arizona Arizona Revised Statutes § 6-991.03 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.