BEFORE THE DEPARTMENT OF ADMINISTRATION

OF THE STATE OF MONTANA

 

In the matter of the adoption of New Rules I through IV pertaining to financial responsibility of mortgage loan originators and control persons and ultimate equity owners of mortgage entities

) ) ) ) ) )

CORRECTED NOTICE OF ADOPTION

 

TO:  All Concerned Persons

 

1.  On October 13, 2011, the department published MAR Notice No. 2-59-458 regarding a public hearing on the proposed adoption of the above-stated rules at page 2108 of the 2011 Montana Administrative Register, Issue No. 19.  On January 26, 2012, the department published the notice of adoption at page 183 of the 2012 Montana Administrative Register, Issue No. 2.

 

2.  The department misnumbered (5) of ARM 2.59.1741 (New Rule III) by incorrectly numbering two sections (4).  The rule, as amended in corrected form, reads as follows, deleted matter interlined, new matter underlined:

 

2.59.1741  PROCEDURES FOR DETERMINING FINANCIAL RESPONSIBILITY  (1) through (4)(c) remain as adopted.

(5)(4)  Applications must be deemed withdrawn or abandoned if the applicant fails to provide the information requested by the department within 60 days of notification to the applicant by the department of deficiencies in the application or December 31, whichever comes first.

 

3.  The replacement pages for this corrected notice will be submitted to the Secretary of State on June 30, 2012.

 

 

 

By:   /s/ Janet R. Kelly                                         By:    /s/ Michael P. Manion                

         Janet R. Kelly, Director                                       Michael P. Manion, Rule Reviewer

         Department of Administration                            Department of Administration

 

 

Certified to the Secretary of State June 11, 2012.