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In a Missouri branch onboarding review, a policy analyst sees a compliance issue involving continuing education and renewal. What should the file reflect?

Correct Answer

C) Missouri RSMo 443.713 prevents issuance of an MLO license when the applicant has a non-vacated MLO-license revocation in any governmental jurisdiction.

Missouri RSMo 443.713 prevents issuance of an MLO license when the applicant has a non-vacated MLO-license revocation in any governmental jurisdiction.

Answer Options
A
Use only the federal baseline and ignore the separate Missouri state requirement.
B
Apply the rule only after the Missouri regulator has already opened an examination.
C
Missouri RSMo 443.713 prevents issuance of an MLO license when the applicant has a non-vacated MLO-license revocation in any governmental jurisdiction.
D
Skip the Missouri requirement because the company already follows general SAFE Act procedures.

Why This Is the Correct Answer

Missouri RSMo 443.713 prevents issuance of an MLO license when the applicant has a non-vacated MLO-license revocation in any governmental jurisdiction.

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