Section 454M-2 - License required(a) No person except those exempted under this chapter shall engage in the business of mortgage servicing without a license as provided in this chapter.(b) No person shall engage in the business of mortgage servicing in this State unless the person providing services has a physical presence in the State pursuant to section 454M-5(b)(6).Amended by L 2016, c 122,§ 20, eff. 7/1/2016.Amended by L 2015, c 62,§ 3, eff. 5/28/2015.Amended by L 2012, c 245, § 3, eff. 7/10/2012.Amended by L 2011, c 48, § 8, eff. 5/5/2011. L 2009, c 106, pt of §1 .