GroundRules
32-9-109: Experience requirements.
Where this section sits in the code
- TITLE 32. FINANCIAL INSTITUTIONS
- CHAPTER 9. RESIDENTIAL MORTGAGE BROKERS, LENDERS, SERVICERS, AND LOAN ORIGINATORS
- Part 1. Montana Mortgage Act
(1) An individual may not act as a designated manager without a minimum of 3 years of experience working as a mortgage loan originator or in a related field.
(2) An individual may not act as a responsible individual without a minimum of 1 1/2 years of experience working as a mortgage loan originator or in a related field.
(3) The department shall by rule establish what constitutes work in a related field. (See part compiler's comment regarding contingent suspension.)
Collected 2026-09-14T04:52:04Z. Source file · JSON