Under Delaware minimum standards, what is the general lookback period for felony convictions before the application date?
Correct Answer
B) 7 years
The general Delaware felony lookback is 7 years before the application date, with a separate lifetime bar for specified fraud, dishonesty, breach-of-trust, or money-laundering felonies.
Why This Is the Correct Answer
The general Delaware felony lookback is 7 years before the application date, with a separate lifetime bar for specified fraud, dishonesty, breach-of-trust, or money-laundering felonies.
Why the Other Options Are Wrong
Option A: 1 year
The Delaware general felony lookback is longer than 1 year.
Option C: 3 years
The Delaware general felony lookback is longer than 3 years.
Option D: 20 years for every felony regardless of type
The statute uses a 7-year general lookback plus a lifetime bar for specified types, not 20 years for every felony.
Memory Technique
DE-C019 -> Delaware-prohibited-acts-and-enforcement
Exam Tip
Remember 7 years generally, lifetime for specified fraud/dishonesty/breach/money laundering felonies.
Common Mistakes to Avoid
- -Importing another state requirement into Delaware
- -Confusing NMLS baseline requirements with Delaware-specific rules
- -Treating operational assumptions as legal authority
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