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Under Delaware Code section 2421, who may specify the form, content, manner, place, and preservation period for required records?

Correct Answer

D) The Commissioner

Delaware Code says required records must be in the form, contain the information, be kept in the manner and place, and be preserved for the length of time the Commissioner may require.

Answer Options
A
The county recorder only
B
The borrower only
C
The MLO’s advertising vendor only
D
The Commissioner

Why This Is the Correct Answer

Delaware Code says required records must be in the form, contain the information, be kept in the manner and place, and be preserved for the length of time the Commissioner may require.

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