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Code · North Carolina · Chapter 53 — Regulation of Financial Services

§ 53-244.112. Criminal penalties for unlicensed activity.

52 words·~1 min read·/nc/chapter-53/53-244-112

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§ 53-244.112. Criminal penalties for unlicensed activity.
Engaging in the mortgage business as defined by G.S. 53-244.030(11) or acting as a mortgage loan originator without a license as required by this Article is a Class 3 misdemeanor. Each transaction involving unlicensed activity is a separate offense. (2009-374, s. 2; 2025-43, s. 1.)
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