32-9-109. Experience requirements. (1) (a) An individual applying for a license as a mortgage broker must have a minimum of 3 years of experience working as a loan originator, as a mortgage banker, or in a related field.
     (b) An individual applying for a license as a loan originator must have a minimum of 6 months of experience working in a related field.
     (2) The department shall by rule establish what constitutes work in a related field.

     History: En. Sec. 6, Ch. 516, L. 2003; amd. Sec. 3, Ch. 301, L. 2005; amd. Sec. 3, Ch. 498, L. 2007.