Current through Reg. 49, No. 50; December 13, 2024
Section 2.107 - Prelicensing Education(a) Failing to obtain license. If an individual completes the 20 hours of prelicensing education required by the S.A.F.E. Mortgage Licensing Act, RSA 5104(c)(1), and fails to obtain a valid RMLO license or federal registration within five years from the date of completion, then the individual must retake the 20 hours of prelicensing education in order to be eligible for licensure.(b) Failing to maintain license. If an individual obtains an RMLO license or federal registration and fails to maintain the license or registration for at least five consecutive years, then the individual must retake the 20 hours of prelicensing education required by the S.A.F.E. Mortgage Licensing Act, RSA 5104(c)(1), in order to be eligible for licensure.7 Tex. Admin. Code § 2.107
Adopted by Texas Register, Volume 42, Number 52, December 29, 2017, TexReg 7580, eff. 1/4/2018