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A branch manager is comparing company policy with Idaho rules on continuing education and renewal. Which statement is correct?

Correct Answer

B) Idaho Department of Finance says MLO licensees must complete 8 credit hours of CE annually as a license renewal requirement.

Idaho Department of Finance says MLO licensees must complete 8 credit hours of CE annually as a license renewal requirement.

Answer Options
A
Assume another state's approval automatically satisfies the Idaho requirement.
B
Idaho Department of Finance says MLO licensees must complete 8 credit hours of CE annually as a license renewal requirement.
C
Apply the Idaho rule only to company licenses and never to individual MLO activity.
D
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.

Why This Is the Correct Answer

Idaho Department of Finance says MLO licensees must complete 8 credit hours of CE annually as a license renewal requirement.

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