1. (1) Satisfactory proof of experience for a designated manager demonstrates three years of experience by providing:

   1. (a) copies of W-2 or 1099 tax forms verifying employment; or
   2. (b) verification of active licensure as a mortgage loan originator in another state through the Nationwide Mortgage Licensing System (NMLS).

Authorizing statute(s): 32-9-130, MCA

Implementing statute(s): 32-9-109, MCA

History: NEW, 2004 MAR p. 1133, Eff. 5/7/04; AMD, 2008 MAR p. 2034, Eff. 9/26/08; AMD, 2013 p. 2417, Eff. 12/27/13.