The Rhode Island statutes pertaining to financial institutions and mortgage profession licensing are located under which General Law?

Prepare for the Rhode Island Loan Officer Test with interactive flashcards and multiple choice questions, complete with hints and explanations. Excel in your exam with ease!

The statutes that pertain to financial institutions and mortgage profession licensing in Rhode Island are codified under Title 19 of the General Laws. This title contains the regulatory framework governing various aspects of financial services, including the licensing requirements and operational standards for mortgage professionals.

Title 19 is specifically focused on the authority of financial institutions and the standards needed to operate securely within the realm of lending and financing, which includes important provisions for loan officers and other mortgage professionals. This ensures that these professionals comply with state regulations, thereby protecting both consumers and the integrity of the financial system in Rhode Island.

The other titles listed do not address the specific regulations regarding financial institutions and mortgage licensing, as they pertain to different areas of state law. For anyone involved in the mortgage profession in Rhode Island, understanding the details found in Title 19 is essential for compliance and operational success.

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