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A renewal specialist documents a Mississippi annual compliance meeting and needs one rule for continuing education and renewal. Which statement belongs in the file?

Correct Answer

C) Mississippi DBCF identifies NMLS as the online system for licensees to apply for, amend, update, renew, or surrender licenses.

Mississippi DBCF identifies NMLS as the online system for licensees to apply for, amend, update, renew, or surrender licenses.

Answer Options
A
Assume another state's approval automatically satisfies the Mississippi requirement.
B
Apply the Mississippi rule only to company licenses and never to individual MLO activity.
C
Mississippi DBCF identifies NMLS as the online system for licensees to apply for, amend, update, renew, or surrender licenses.
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

Mississippi DBCF identifies NMLS as the online system for licensees to apply for, amend, update, renew, or surrender licenses.

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