Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE XXV. BUSINESS AND FINANCIAL INSTITUTIONS |
CHAPTER 286. KENTUCKY FINANCIAL SERVICES CODE |
Subtitle 8. Mortgage Loan Companies and Brokers |
8-010. Definitions. |
8-012. Administrative hearing request. |
8-020. Exemptions. |
8-030. Transaction of business prohibited without license -- Effect of issuance of license -- Unique identifier. |
8-032. Application for license. |
8-034. Fees. |
8-036. Rules concerning use of license. |
8-038. Repealed, 2009. [Repealed] |
8-040. Repealed, 2009. [Repealed] |
8-042. Repealed, 2009. [Repealed] |
8-044. Notice of order in writing -- Administrative complaint -- Service -- Hearing. |
8-046. Civil penalty for violation of subtitle, administrative regulation, or order -- Order for restitution, refund, recovery of expenses. |
8-048. Emergency orders by commissioner -- Grounds -- Hearing -- Period order to remain in effect. |
8-060. Surety bonds required -- Uses of bonds -- New or supplemental bonds. |
8-070. Company name. |
8-075. Change of control. |
8-080. Factors for use by commissioner in determining approval or disapproval of application. |
8-090. Denial, suspension, or revocation of license -- Jurisdiction of Franklin Circuit Court. |
8-100. Branch offices. |
8-110. Rates -- Mortgage required as evidence of real estate loan -- Delinquency charges -- Attorneys' fees -- Charges made part of note -- Limits on prepayment penalties. |
8-120. Fees and charges in addition to interest -- Letters of commitment -- Failure to fulfill terms constitutes default. |
8-125. Limitation on loan originator's fee. |
8-130. Escrow account -- Interest -- Accounting. |
8-140. Powers of commissioner. |
8-150. Records filed with commissioner open to public inspection -- Exception. |
8-160. Records to be kept by company -- Filing of financial report and correcting amendment -- Requirements if business discontinued -- Location of records -- Request for destruction of records. |
8-170. Places where records required to be kept -- Examination by commissioner -- Fee -- Access to records -- Reports. |
8-175. Confidentiality of examination reports and information -- Exceptions -- Prima facie evidence. |
8-180. Conduct of examination -- Cost of investigation or hearing. |
8-190. Grounds for investigation -- Action commissioner may take after investigation. |
8-200. Repealed, 2009. [Repealed] |
8-210. Judicial review. |
8-220. Prohibited acts. |
8-225. Mortgage fraud prosecution fund -- Funding -- Expenditures. |
8-227. Collection of civil penalties to be deposited in mortgage fraud prosecution fund -- Distribution -- Administrative regulations. |
8-230. Repealed, 2009. [Repealed] |
8-240. Short title. |
8-250. Mortgage loan brokers to maintain physical location -- Display of license certificate. |
8-260. Continuing professional education required for persons registered under subtitle -- Termination and surrender of certificate of registration for failure to comply. |
8-270. Duties of mortgage loan broker -- Advanced disclosure of fee required. |
8-275. Reporting of violations of subtitle -- Duties of commissioner -- No waiver of privilege or claim of confidentiality. |
8-280. Limitation of liability. |
8-285. Participation in National Mortgage Licensing System and Registry -- Duties -- Reporting. |
8-290. Mortgage loan originators -- Applicability of and exclusion from requirements of subtitle. |
8-295. Mortgage loan company and mortgage loan broker to exercise control over operations, employees, and company affairs. |
8-300. Severability of subtitle's provisions. |
8-990. Kentucky Residential Mortgage Fraud Act -- Provisions -- Criminal proceedings -- Penalties. |