GroundRules
N.C. Gen. Stat. § 53-244.112: Criminal penalties for unlicensed activity.
Where this section sits in the code
- Chapter 53. Regulation of Financial Services.
- Article 19B. The Secure and Fair Enforcement Mortgage Licensing Act.
- Part 1. Application, Licensing, Examination, and Enforcement.
Engaging in the mortgage business as defined by G.S. 53-244.030(11) or acting as a mortgage loan originator without a license as required by this Article is a Class 3 misdemeanor. Each transaction involving unlicensed activity is a separate offense. (2009-374, s. 2; 2025-43, s. 1.)
Collected 2026-08-27T18:05:12Z. Source file · JSON