What is the Model State Law?
A. A document to guide states in implementing the legislation required by the SAFE Act
B. A law to track loan originators, initially enacted by the State of Georgia, that was modeled by other states
C. A law requiring all states to participate in the NMLS&R
D. A law that states are to use when establishing disciplinary guidelines
Answer:A
What is the Model State Law?
A. A document to guide states in implementing the legislation required by the SAFE Act B. A law to track loan originators, initially enacted by the State of Georgia, that was modeled by other states C. A law requiring all states to participate in the NMLS&R D. A law that states are to use when establishing disciplinary guidelines