A New York consumer in 2026 wants to check whether an originator is licensed. What published department resource lets the consumer check licensure?
Correct Answer
B) The department publishes a list of licensed originators in good standing
The superintendent shall maintain on the internet web-page of the department a list of the originators licensed and in good standing, indicating the name, license number and current originating entity of each. Other choices: the list is published rather than furnished on request; it is public; and it does exist. Source: N.Y. Banking Law § 599-m(2)
Why This Is the Correct Answer
The superintendent shall maintain on the internet web-page of the department a list of the originators licensed and in good standing, indicating the name, license number and current originating entity of each. Other choices: the list is published rather than furnished on request; it is public; and it does exist. Source: N.Y. Banking Law § 599-m(2)
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