Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

• No statutes or acts will be found at this website.

The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governor’s Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules.

PA Bulletin, Doc. No. 11-1134

NOTICES

Mortgage Licensing Act Licensee Record Retention Period

[41 Pa.B. 3738]
[Saturday, July 9, 2011]

 Section 6135(a)(2) of 7 Pa.C.S. (relating to licensee requirements) provides that all 7 Pa.C.S. Chapter 61 (relating to Mortgage Licensing Act) licensee records ''shall be preserved and kept available for investigation or examination by the department for a period determined by the department.'' The Department of Banking (Department) has determined that the period for preserving records by licensees under 7 Pa.C.S. § 6135(a)(2) is a minimum of 4 years. The Department reserves the right to require a licensee to preserve records for a longer period if circumstances should warrant.

GLENN E. MOYER, 
Secretary

[Pa.B. Doc. No. 11-1134. Filed for public inspection July 8, 2011, 9:00 a.m.]


No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Bulletin full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.