443.835. Broker ceasing activity and not desiring to be licensed, procedure--director to cancel license. - Missouri Statutes

Broker ceasing activity and not desiring to be licensed,procedure--director to cancel license.

443.835. A residential mortgage loan broker ceasing an activity oractivities regulated by sections 443.701 to 443.893 and desiring to nolonger be licensed shall so inform the director in writing and, at the sametime, return the license and all other symbols or indicia of licensure tothe director. The residential mortgage loan broker shall include a planfor the withdrawal from a business regulated by sections 443.701 to443.893, including a timetable for the disposition of the business. Uponreceipt of such written notice, the director shall issue a certifiedstatement canceling the license.

(L. 1994 S.B. 718 § 10 subsec. 5, A.L. 1995 H.B. 63, et al., A.L. 2009 H.B. 382)

Effective 7-08-09