A person was previously licensed as a Delaware MLO after July 30, 2009 and now applies again. What must the person prove regarding CE?
Correct Answer
B) Completion of CE requirements for the year in which the license was last held
Delaware Code requires a previously licensed person applying again to prove completion of CE requirements for the year in which the license was last held.
Why This Is the Correct Answer
Delaware Code requires a previously licensed person applying again to prove completion of CE requirements for the year in which the license was last held.
Why the Other Options Are Wrong
Option A: Completion of only the current year’s PE requirement
This is a CE proof rule, not just current-year PE.
Option C: No CE proof if the prior license was in Delaware
Prior Delaware licensure does not eliminate the cited CE proof requirement.
Option D: Completion of 30 hours of Delaware-specific CE
The cited rule does not require 30 Delaware-specific CE hours.
Memory Technique
DE-C030 -> Delaware-education-testing-and-renewal
Exam Tip
Relicensing can require proof of last-held-year CE.
Common Mistakes to Avoid
- -Importing another state requirement into Delaware
- -Confusing NMLS baseline requirements with Delaware-specific rules
- -Treating operational assumptions as legal authority
More UST Questions
In a pricing desk question, an audit analyst sees facts tied to Prohibited Misrepresentation. What should the file reflect?
An applicant previously had an MLO license revoked by a state regulator. Under the SAFE Act minimum standards for a new state-licensed MLO license, which statement is correct?
Which statement correctly distinguishes a license suspension from a license revocation?
A state regulator has issued an order suspending an MLO's authority effective immediately. The MLO has filed an appeal, but no stay has been granted. What should the MLO do?
An MLO license application asks whether the applicant has been the subject of a regulatory order. The applicant has a recent consent order that falls within the question. What is the proper response?
Why does NMLS maintain licensing and enforcement information that participating regulators can access?
A regulator issues a final license suspension without giving the MLO notice of the alleged violation or any opportunity to respond, even though applicable law requires both. What issue is presented?
A regulator finds that an MLO charged consumers prohibited fees. Which set of actions is consistent with the enforcement tools contemplated by Regulation H?
An MLO's license status in NMLS changes to suspended, with no stay or reinstatement shown. What is the immediate operational effect?
Which fact most directly supports disciplinary action against an MLO rather than merely a request for additional application information?
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