La. Admin. Code tit. 10 § XV-1503
Current through Register Vol. 50, No. 11, November 20, 2024
Section XV-1503 - Licensure of Loan BrokersA. No person having an office in Louisiana shall broker a loan in Louisiana unless exempt by statute, without first being licensed and complying with the provisions of the Louisiana Loan Brokers Act.B. Any licensee who performs loan brokerage activity or who enters into a loan brokerage agreement in Louisiana without first being licensed and complying with the provisions of the LLBA may be subject to having any other Louisiana license issued by the commissioner which they hold suspended or revoked by the commissioner.La. Admin. Code tit. 10, § XV-1503
Promulgated by the Office of the Governor, Office of Financial Institutions, LR 28:307 (February 2002).AUTHORITY NOTE: Promulgated in accordance with R.S. 6:121(B)(1) and 9:3554(B).