"Registered mortgage loan originator" means any individual who:

1. (1) meets the definition of mortgage loan originator and is an employee of:

   1. (A) a depository institution;
   2. (B) a subsidiary that is owned and controlled by a depository institution and regulated by a federal banking agency; or
   3. (C) an institution regulated by the Farm Credit Administration; and

2. (2) is registered with, and maintains a unique identifier through, the NMLSR.

   [Pre-2026 Revision Citation: 24-4.5-1-301.5(38).]

As added by P.L.115-2026, SEC.97.