5-9-102.5. Continuation of licensing after July 1, 2000.
113 words·~1 min read·
/co/title-5-consumer-credit-code/article-9-effective-date/5-9-102-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding the repeal and reenactment of part 5 of article 3 of this title by House Bill 00-1185, as enacted at the second regular session of the sixty-second general assembly, all persons licensed or otherwise authorized under the provisions of part 5 of article 3 immediately prior to July 1, 2000, are licensed to make supervised loans under this code pursuant to the provisions on supervised loans contained in part 3 of article 2 of this title, and all provisions of said part 3 apply to the persons so previously licensed or authorized. The administrator may, but is not required to, deliver evidence of licensing to the persons so previously licensed or authorized.