N.Y. Insurance Law 6505 – Licensing of agents
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§ 6505. Licensing of agents. The standards in subsections (d) through (k), (m) and (o) of section two thousand one hundred three of this chapter shall apply to the licensing of agents for a mortgage insurer. Such license may be limited to mortgage guaranty insurance. In such event, the superintendent may, in his discretion, provide a special examination for such license.
Terms Used In N.Y. Insurance Law 6505
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.