58A.045 TERM OF LICENSE AND FEES.
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58A.045 TERM OF LICENSE AND FEES.
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Subdivision 1. Term.
Licenses for mortgage loan originators issued under this chapter expire on December 31 and are renewable on January 1 of each year after that date.
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Subd. 2. Fees.
The following fees must be paid to the commissioner:
(1)for a mortgage loan originator license, $90; and
(2)for a renewal mortgage loan originator license, $50.