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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2008-00795


CCR details

Tracking Number 2008-00795
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 725 Division of Real Estate
CCR Number 4 CCR 725-3
CCR Title RULES REGARDING MORTGAGE BROKERS

Proposed rule

Notice Filed with SOS 07/30/2008
Rule ProposedRuleAttach2008-00795.DOC
Statutory Authority 12-61-903(10) and 12-61-910.3, C.R.S.
Description of Subjects/Issues The rule clarifies grounds for license denials or for sanctions regarding license applicants, license renewals, license reinstatements and licensees.
Purpose/Objective of Rule The purpose of this rule is to clearly notify individuals seeking mortgage broker licensure, current licensees and the mortgage broker industry that a violation of or failure to comply with any provisions contained in ?? 12-61-905 or 12-61-905.5, C.R.S., is grounds for license application denial and for sanctions.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 09/03/2008
Hearing Time 01:30 PM
Hearing Location 1560 Broadway, Suite 925, Denver, Colorado 80202
Contact Name Yvette Gabardi
Contact Title Rulemaking Coordinator
Contact Telephone 303-894-2341
Contact email yvette.gabardi@dora.state.co.us

Adopted rule

Adopted Rules AdoptedRules02008-00795.RTF
Adopted Date 10/20/2008
AGO requested date 10/20/2008
Attorney General Opinion 11/07/2008
Effective Date 12/30/2008
Inserted into CCR 12/04/2008