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  4. Art. 12-D

Article 12-D
Licensed Mortgage Bankers

Sections

589
Declaration of policy
590
Licensing
590‑A
Junior mortgage loans
590‑B
Responsibilities
591
Application for a mortgage banker's license
591‑A
Application to register as a mortgage broker
592
Application process to receive license to engage in the business of mortgage banking
592‑A
Application process to register as a mortgage broker
593
License provisions
593‑A
Registration provisions
594
Changes in officers and directors
594‑B
Changes in control
595
Grounds for suspension or revocation of license, or suspension or deletion of name from mortgage broker roll
595‑A
Regulation of mortgage brokers, mortgage bankers and exempt organizations
595‑B
Regulation of mortgage loan servicers
595‑C
Regulation of dealings of mortgage brokers and home improvement contractors
596
Superintendent authorized to examine
597
Books and records
598
Additional penalties for violation of this article
599
Separability of provisions
 



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Location: https://newyork.public.law/laws/n.y._banking_law_article_12-d

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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