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A state exam practice item asks about Alabama continuing education and renewal. Which choice states the rule correctly?

Correct Answer

A) Alabama MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.

Alabama MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.

Answer Options
A
Alabama MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.
B
Assume another state's approval automatically satisfies the Alabama requirement.
C
Apply the Alabama rule only to company licenses and never to individual MLO activity.
D
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.

Why This Is the Correct Answer

Alabama MLO license renewal is tied to NMLS renewal processing and annual continuing education requirements.

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