51A-17-22. Amendment or notice of certain events required.

Within fifteen business days of the occurrence of any one of the events listed in this section, a licensee shall electronically file an amendment or an advance change notice through the nationwide mortgage licensing system and registry describing the event and its expected impact on the licensee's activities in the state. The events include:

(1)    Any material changes in information provided in a licensee's application or renewal report;

(2)    The filing for bankruptcy or reorganization by the licensee;

(3)    The institution of revocation or suspension proceedings against the licensee by any state or governmental authority with regard to the licensees' money transmission activities;

(4)    Any felony indictment of the licensee or any of its key officers or directors related to money transmission activities; and

(5)    Any felony conviction of the licensee or any of its key officers or directors related to money transmission activities.

Source: SL 2008, ch 253, § 22; SL 2022, ch 178, § 6.