A candidate takes the Uniform State Test for State A and fails. They immediately move to State B and want to take that state's test. When can they take the State B Uniform State Test?
Correct Answer
B) After 30 days from the State A failure
Under 12 CFR 1008.107(f), the 30-day waiting period after test failure applies regardless of which state's version of the Uniform State Test the candidate takes. The waiting period is tied to the individual, not the specific state.
Why This Is the Correct Answer
Under 12 CFR 1008.107(f), the 30-day waiting period after test failure applies regardless of which state's version of the Uniform State Test the candidate takes. The waiting period is tied to the individual, not the specific state.
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Which of the following would disqualify an MLO from receiving temporary authority when moving to a new state?
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An MLO completed continuing education in State A where they are licensed, then moved and obtained a license in State B mid-year. What continuing education is required for State B?