Substitute for Raised H.B. No. 5490
Session Year 2018


AN ACT CONCERNING CONSUMER CREDIT LICENSES.

To (1) centralize certain Banking Commissioner authorities existing in mortgage and nonmortgage licensing provisions, (2) make such authorities applicable to mortgage and nonmortgage entities that obtain licenses through the Nationwide Multistate Licensing System and Registry, and (3) reduce redundancy in the banking statutes.