| |
| |
| |
|
|
AN ACT
|
|
|
relating to use of the Nationwide Mortgage Licensing System and |
|
|
Registry in connection with the regulatory authority of the |
|
|
consumer credit commissioner. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Subchapter C, Chapter 14, Finance Code, is |
|
|
amended by adding Section 14.109 to read as follows: |
|
|
Sec. 14.109. USE OF THE NATIONWIDE MORTGAGE LICENSING |
|
|
SYSTEM AND REGISTRY. (a) In this section, "Nationwide Mortgage |
|
|
Licensing System and Registry" or "nationwide registry" means a |
|
|
licensing system developed and maintained by the Conference of |
|
|
State Bank Supervisors and an affiliated organization to manage |
|
|
mortgage licenses and other financial services licenses or a |
|
|
successor registry. |
|
|
(b) This section applies only to: |
|
|
(1) this chapter; and |
|
|
(2) Chapter 342, 348, 351, 393, or 394. |
|
|
(c) The commissioner may require that a person submit |
|
|
through the Nationwide Mortgage Licensing System and Registry in |
|
|
the form and manner prescribed by the commissioner and acceptable |
|
|
to the registry any information or document or payment of a fee |
|
|
required to be submitted to the commissioner under: |
|
|
(1) a chapter to which this section applies; or |
|
|
(2) rules adopted under the chapter. |
|
|
(d) The commissioner may use the nationwide registry as a |
|
|
channeling agent for obtaining information required for licensing |
|
|
or registration purposes under a chapter listed in Subsection |
|
|
(b)(2) or rules adopted under the chapter, including: |
|
|
(1) criminal history record information from the |
|
|
Federal Bureau of Investigation, the United States Department of |
|
|
Justice, or any other agency or entity at the commissioner's |
|
|
discretion; |
|
|
(2) information related to any administrative, civil, |
|
|
or criminal findings by a governmental jurisdiction; and |
|
|
(3) information requested by the commissioner under |
|
|
Section 342.101(a)(4), 348.502(a)(3), 351.101(a)(4), |
|
|
393.604(a)(5), or 394.204(c)(8). |
|
|
SECTION 2. This Act takes effect September 1, 2013. |
|
|
|
|
|
|
| |
| |
| |
| |
______________________________ |
______________________________ |
| |
President of the Senate |
Speaker of the House |
| |
|
|
I hereby certify that S.B. No. 232 passed the Senate on |
|
|
March 13, 2013, by the following vote: Yeas 31, Nays 0. |
|
|
|
| |
| |
______________________________ |
| |
Secretary of the Senate |
| |
|
|
I hereby certify that S.B. No. 232 passed the House on |
|
|
May 17, 2013, by the following vote: Yeas 129, Nays 5, two |
|
|
present not voting. |
|
|
|
| |
| |
______________________________ |
| |
Chief Clerk of the House |
| |
|
|
|
| |
|
|
Approved: |
|
|
|
|
|
______________________________ |
|
|
Date |
|
|
|
|
|
|
|
|
______________________________ |
|
|
Governor |