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Which action may the Delaware Commissioner take against an MLO license under section 2413?

Correct Answer

A) Revoke, suspend, condition, refuse to renew, or publicly reprimand the licensee

Delaware Code authorizes the Commissioner to revoke, suspend, condition, refuse to renew, or publicly reprimand a licensee when statutory grounds are met.

Answer Options
A
Revoke, suspend, condition, refuse to renew, or publicly reprimand the licensee
B
Only send a private reminder letter and nothing else
C
Only refer the issue to a county recorder
D
Only increase the surety bond without any license action

Why This Is the Correct Answer

Delaware Code authorizes the Commissioner to revoke, suspend, condition, refuse to renew, or publicly reprimand a licensee when statutory grounds are met.

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