SB 0175 Exempts small mortgage brokers from audit requirements
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:
Title:SCS SB 175
Effective Date:August 28, 1999
Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 1999 Senate Bills
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.