The minimum standards for license renewal for mortgage loan originators shall include the following:
- (1) The mortgage loan originator continues to meet the minimum standards for license issuance under subdivisions 54-14-13.1(1) to (5), inclusive; and
- (2) The mortgage loan originator has satisfied the annual continuing education requirements provided by rule pursuant to § 54-14-31.
Source: SL 2009, ch 251 , § 9.