{"data":{"id":"us-mn/minn.-stat.-58a.08","jurisdiction":"us-mn","citation":"Minn. Stat. § 58A.08","heading":"STANDARDS FOR LICENSE RENEWAL.","body":"Subdivision 1. Generally.\nThe minimum standards for license renewal for a mortgage loan originator include that the mortgage loan originator:\n(1) continues to meet the minimum standards for license issuance under section 58A.05;\n(2) has satisfied the annual continuing education requirements described in section 58A.09; and\n(3) has paid all required fees for renewal of the license.\nSubd. 2. Failure to satisfy minimum standards of license renewal.\nThe license of a mortgage loan originator failing to satisfy the minimum standards for license renewal expires. The commissioner may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the Nationwide Multistate Licensing System and Registry.","path":["BANKING","CHAPTER 58A. INDIVIDUAL MORTGAGE ORIGINATOR LICENSING"],"source_url":"https://www.revisor.mn.gov/statutes/cite/58A.08","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:28Z","sha256":"b8ce1c77475246c728b88cc55b0dc48c0b1598a30fefc38ad7bd63c3ee92b66d","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-58a.07","next":"us-mn/minn.-stat.-58a.09"},"notice":"GroundRules: Original legal text. Not legal advice."}