BEFORE THE DEPARTMENT OF ADMINISTRATION
OF THE STATE OF MONTANA

 

In the matter of the adoption of New Rules I through III pertaining to exemptions under 32-9-104, MCA, determining the amount of the surety bond required for new applicants, and the date by which the Montana test must be completed in order to be licensed as a mortgage loan originator in Montana and the repeal of ARM 2.59.1718, 2.59.1719, 2.59.1720, and 2.59.1729 pertaining to temporary licenses and transition fees

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NOTICE OF ADOPTION AND REPEAL

 

TO:      All Concerned Persons

 

1. On November 12, 2010, the Department of Administration, Division of Banking and Financial Institutions, published MAR Notice No. 2-59-443 regarding the proposed adoption and repeal of the above-stated rules at page 2627 of the 2010 Montana Administrative Register, issue number 21.

 

2. No comments were received.

 

3. The department has adopted New Rule I (ARM 2.59.1734), New Rule II (ARM 2.59.1735), and New Rule III (ARM 2.59.1736) exactly as proposed.

 

4. The department has repealed ARM 2.59.1718, 2.59.1719, 2.59.1720, and 2.59.1729 exactly as proposed.

 

 

By:   /s/ Janet R. Kelly                                        By:   /s/ Michael P. Manion              

         Janet R. Kelly, Director                                      Michael P. Manion, Rule Reviewer

         Department of Administration                          Department of Administration

 

 

Certified to the Secretary of State December 13, 2010.