N.C. Gen. Stat. § 53-244.112

Current through Session Law 2024-3

Section 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 the provisions of G.S. 53-244.040 is a Class 3 misdemeanor. Each transaction involving unlicensed activity is a separate offense.

N.C. Gen. Stat. § 53-244.112

Added by 2009 N.C. Sess. Laws 374,s. 2, eff. 7/31/2009.