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Code of Colorado Regulations eDocket
Details of Tracking Number
2009-00384
CCR details
| Tracking Number |
2009-00384 |
| Type of Filing |
Emergency |
| Department |
700 Department of Regulatory Agencies |
| Agency |
725 Division of Real Estate |
| CCR Number |
4 CCR 725-3 |
| CCR Title |
RULES REGARDING MORTGAGE BROKERS |
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Proposed rule
| Rule |
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| Additional Information |
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| Statutory Authority |
12-61-903.5 and 24-4-103(6), C.R.S. |
| Purpose/Objective of Rule |
The purpose of this rule is to increase the deductible limit, specific to errors and omissions insurance policies covering reverse mortgage transactions, from the current $10,000.00 to $21,000.00. |
| Submitted in response to issues raised by COLS/OLLS? |
No
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| Is this rule adopted in response to recent legislation? |
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| Contact Name |
Yvette Gabardi |
| Contact Title |
Rulemaking Coordinator |
| Contact Telephone |
303-894-2341 |
| Contact email |
yvette.gabardi@dora.state.co.us |
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Adopted rule
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