Rulemaking authority

The Securities Commissioner may adopt any rules that he or she deems necessary to: (1) Carry out the provisions of this subchapter; (2) Provide for the protection of the borrowing public; and (3) Provide any requirements necessary for the State of Arkansas to participate in a multistate automated licensing system; and (4) Instruct mortgage brokers, mortgage bankers, mortgage servicers, loan officers, and transitional loan officers in interpreting this subchapter. Amended by Act 2019, No. 200,§ 10, eff. 7/24/2019. Acts 2003, No. 554, § 1; 2005, No. 1679, § 1; 2007, No. 748, § 3. The Securities Commissioner may adopt any rules that he or she deems necessary to: (1) Carry out the provisions of this subchapter; (2) Provide for the protection of the borrowing public; and (3) Provide any requirements necessary for the State of Arkansas to participate in a multistate automated licensing system; and (4) Instruct mortgage brokers, mortgage bankers, mortgage servicers, loan officers, and transitional loan officers in interpreting this subchapter. Amended by Act 2019, No. 200,§ 10, eff. 7/24/2019. Acts 2003, No. 554, § 1; 2005, No. 1679, § 1; 2007, No. 748, § 3.