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to this section are routine technical rules pursuant to Title 5, | | chapter 375, subchapter 2-A. |
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| | | The initial application for a license as a loan broker must | | include a fee of $400.__The biennial relicensing application must | | include a fee of $200.__Initial applicants and biennial | | relicensing applicants must pay an additional fee of up to $20 | | for registration of each loan officer, up to a maximum of $200 in | | total. |
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| | | A licensee may conduct business only at or from a place of | | business for which the licensee holds a license and not under any | | other name than that on the license. |
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| | | A licensed loan broker may conduct business only through a | | loan officer who possesses a current, valid registration.__A loan | | officer must be registered at the loan officer's principal | | licensed work location and may then work from any licensed | | location of the loan broker.__ The registration of a loan officer | | is valid only when that person is employed or retained and | | supervised by a licensed loan broker.__When a loan officer ceases | | to be employed by a licensed loan broker, the loan broker shall | | promptly notify the administrator in writing. |
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| | | Sec. B-5. 9-A MRSA §10-401, first ¶, as amended by PL 2005, c. 164, §10 | | and c. 274, §14, is repealed and the following enacted in its | | place: |
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| | | Any loan broker or loan officers of any loan broker that | | violate any provision of this Title or any rule issued by the | | administrator, or that through any unfair, unconscionable or | | deceptive practice cause actual damage to a consumer, are subject | | to the following: |
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| | | Sec. B-6. 9-A MRSA §10-401, sub-§4, as amended by PL 2005, c. 164, §11 | | and c. 274, §14, is repealed and the following enacted in its | | place: |
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| | | 4.__A civil action by an aggrieved consumer in which that | | consumer has the right to recover actual damages from the loan | | broker or its loan officers in an amount determined by the court, | | plus costs of the action together with reasonable attorney's | | fees; and |
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| | | Sec. B-7. 10 MRSA §9097, sub-§10, as enacted by PL 1989, c. 104, Pt. | | B, §9 and Pt. C, §10, is amended to read: |
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| | | 10. Discrimination against tenants with children prohibited. | | Discrimination against any tenant with children is |
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