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A file reviewer is checking whether a Florida process satisfies requirements for temporary authority. Which statement is accurate?

Correct Answer

D) Florida temporary authority, inactive status, and sponsorship concepts must be applied through NMLS/OFR status rules; filing an application alone is not blanket permission to originate.

Florida temporary authority, inactive status, and sponsorship concepts must be applied through NMLS/OFR status rules; filing an application alone is not blanket permission to originate.

Answer Options
A
Treat temporary authority as optional because the company has a general Florida compliance policy.
B
Postpone the Florida temporary authority issue until the next annual review.
C
Use only the federal baseline and ignore the separate Florida state requirement.
D
Florida temporary authority, inactive status, and sponsorship concepts must be applied through NMLS/OFR status rules; filing an application alone is not blanket permission to originate.

Why This Is the Correct Answer

Florida temporary authority, inactive status, and sponsorship concepts must be applied through NMLS/OFR status rules; filing an application alone is not blanket permission to originate.

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