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
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Current Bill Summary

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