Missouri Revised Statutes

Chapter 443
Mortgages, Deeds of Trust and Mortgage Brokers
Section 443.835

August 28, 2014

Broker ceasing activity and not desiring to be licensed, procedure--director to cancel license.

443.835. A residential mortgage loan broker ceasing an activity or activities regulated by sections 443.701 to 443.893 and desiring to no longer be licensed shall so inform the director in writing and, at the same time, return the license and all other symbols or indicia of licensure to the director. The residential mortgage loan broker shall include a plan for the withdrawal from a business regulated by sections 443.701 to 443.893, including a timetable for the disposition of the business. Upon receipt of such written notice, the director shall issue a certified statement cancelling the license.

(L. 1994 S.B. 718 ยง 10 subsec. 5, A.L. 1995 H.B. 63, et al., A.L. 2009 H.B. 382)

Effective 7-08-09

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