N.D. Cent. Code § 13-13-03

Current through 2024 Legislative Session
Section 13-13-03 - Residential mortgage loan servicing license required

Except as otherwise provided, a person other than a residential mortgage loan servicer licensed and authorized under this chapter may not engage in residential mortgage loan servicing, either as a servicer, subservicer, or mortgage servicing rights investor, in the state without a residential mortgage loan servicer license issued by the commissioner. A person engages in residential mortgage loan servicing in the state if the borrower resides in North Dakota.

N.D.C.C. § 13-13-03

Added by S.L. 2023 , ch. 139( HB 1068 ), § 1, eff. 7/1/2023.