reglab/housing_qa huggingface dataset:
RI Gen L § 19-14-14 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-14 - Revocation by default.

§ 19-14-14. Revocation by default.(a) The director, or the director's designee, may revoke any license without a hearing by default if the licensee fails to respond to notifications informing the licensee of a failure to pay the annual license fee; maintain in effect the required bond or bonds; or maintain net worth requirements as required by this title.(b) For the purposes of revocation by default, the director, or the director's designee, shall send, in writing, to the licensee and to the licensee's registered attorney for service of process at their current respective addresses according to the records of the department, notice of the deficiency and potential revocation of the license. Should the licensee, or the licensee's registered attorney, fail to respond within fifteen (15) days of the notification, the director, or the director's designee, may revoke the license by default and without hearing. The director, or the director's designees, shall notify the licensee of such revocation in writing.(c) Any action taken under this section may be appealed pursuant to the Administrative Procedures Act, chapter 35 of title 42.History of Section.P.L. 1995, ch. 82, § 52; P.L. 2012, ch. 65, § 2; P.L. 2012, ch. 145, § 2; P.L. 2014, ch. 106, § 3; P.L. 2014, ch. 125, § 3.
RI Gen L § 19-14-15 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-15 - Suspension of license.

§ 19-14-15. Suspension of license.The director, or the director's designee, may, upon three (3) days' notice and an opportunity for hearing, suspend any license for a period not exceeding thirty (30) days, pending investigation.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-16 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-16 - Surrender of license.

§ 19-14-16. Surrender of license.Any licensee may surrender any license or branch certificate(s) by delivering to the director, or the director's designee, written notice surrendering the license or branch certificate(s). The surrender shall not affect the licensee's civil or criminal liability for acts committed prior to the surrender. Written notice of any surrender must be filed with the director, or the director's designee, within thirty (30) days of the termination of the business authorized by this chapter at the surrendered location. The surrender of any license does not affect the licensee's requirement to file an annual report with the fifty-five dollars ($55.00) filing fee. This report shall be filed within thirty (30) days of the surrender of the license. The licensee shall give written notification to the director, or the director's designee, within twenty-four (24) hours from termination of business.History of Section.P.L. 1995, ch. 82, § 52; P.L. 2002, ch. 65, art. 13, § 19.
RI Gen L § 19-14-17 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-17 - Contracts unimpaired by revocation, suspension, or surrender of license.

§ 19-14-17. Contracts unimpaired by revocation, suspension, or surrender of license.Any revocation, suspension, or surrender of a license shall not impair or affect the obligation of any preexisting lawful contract between the licensee and any customer.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-18 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-18 - Reinstatement of license.

§ 19-14-18. Reinstatement of license.Every license issued under this chapter shall remain in force and effect until it shall have been surrendered, revoked, or suspended in accordance with the provisions of this chapter. The director, or the director's designee, shall have authority on his or her own initiative to reinstate suspended licenses or to issue new licenses to a licensee whose licenses have been revoked if no fact or condition then exists that clearly would have warranted the director, or the director's designee, in refusing originally to issue the license under this chapter. A license reinstatement fee equal to one half (½) of the annual license fee shall be paid to the director to and for the use of the state.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-19 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-19 - Filing findings on revocation or suspension.

§ 19-14-19. Filing findings on revocation or suspension.Whenever the director, or the director's designee, shall revoke or suspend a license issued pursuant to this chapter, the director shall file, in his or her office, a written order to that effect containing the evidence and the reason(s) supporting the revocation or suspension, and serve upon the licensee a copy thereof.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-20 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-20 - Books, accounts, and records.

§ 19-14-20. Books, accounts, and records.(a) The licensee shall keep and use any books, accounts, and records, that may be maintained by optical imaging, as will enable the director, or the director's designee, to determine whether the licensee is complying with the provisions of this title and with the rules and regulations lawfully made by the director, or the director's designee.(b) If the licensee maintains its records outside of the state of Rhode Island, the licensee shall be responsible for all reasonable costs and expenses incurred by the examining personnel to examine such records.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-21 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-21 - Advertising and misrepresentations.

§ 19-14-21. Advertising and misrepresentations.(a) No licensee or other person shall advertise, print, display, publish, distribute, telecast, or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, telecast, or broadcast, in any manner whatsoever any false, misleading, or deceptive statement or representation with regard to the rates, terms, or conditions for licensed activities. The director, or the director's designee, may order any licensee or other person to desist from any conduct that he or she shall find to be a violation of the foregoing provisions.(b) The director, or the director's designee, may require that rates of interest or charges, if stated by a licensee, be stated fully and clearly in any manner the director, or the director's designee, may deem necessary to prevent misunderstanding of the rates or charges by prospective customers.(c) The licensee shall disclose in any written or oral advertisements or representation disseminated primarily in this state, the type of license held.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-22 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-22 - Reporting requirements.

§ 19-14-22. Reporting requirements.(a) Each licensee shall annually, on or before March 31, file a report with the director, or the director's designee, giving any relevant information that the director, or the director's designee, may reasonably require concerning the business and operations during the preceding calendar year of each licensed place of business conducted by the licensee within the state. The report shall be made under oath and shall be in a form prescribed by the director, or the director's designee. At the time of filing each report, the sum of fifty-five dollars ($55.00) per license and fifty-five dollars ($55.00) per branch certificate shall be paid by the licensee to the director for the use of the state. Any licensee who or that shall delay transmission of any report required by the provisions of this title beyond the limit, unless additional time is granted, in writing, for good cause, by the director, or the director's designee, shall pay a penalty of twenty-five dollars ($25) for each day of the delay. In lieu of a report by any licensed mortgage loan originator, the director, or the director's designee, may accept a report by the licensed lender or licensed loan broker who or that employed the licensed mortgage loan originator for the activities of the licensed mortgage loan originator while employed by such lender or loan broker during the applicable calendar year.(b) Any licensee shall, within twenty-four (24) hours after actual knowledge, notify the director, or the director's designee, in writing, of the occurrence of any of the following events: the institution of bankruptcy, receivership, reorganization, or insolvency proceedings regarding a licensee; the institution of any adverse government action against a licensee; or any felony indictment or conviction of any licensee or any officers, directors, owners, employees, members, or partners thereof, as the case may be.(c) Each mortgage loan originator licensee shall, on or before March 31, 2010, and every March 31st thereafter, file with the director, or the director's designee, evidence acceptable to the director, or the director's designee, that said loan originator licensee has filed with the Nationwide Mortgage Licensing System and Registry a report of condition, which shall be in such form and shall contain such information as the Nationwide Mortgage Licensing System and Registry may require.(d) Both the mortgage loan originator and his or her licensed employer shall promptly notify the director, or the director's designee, in writing, within fifteen (15) business days of the termination of employment or services of a mortgage loan originator.History of Section.P.L. 1995, ch. 82, § 52; P.L. 2002, ch. 65, art. 13, § 19; P.L. 2007, ch. 73, art. 16, § 1; P.L. 2007, ch. 244, § 1; P.L. 2009, ch. 148, § 1; P.L. 2009, ch. 160, § 1; P.L. 2010, ch. 56, § 1; P.L. 2010, ch. 64, § 1.
RI Gen L § 19-14-24 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-24 - Other business in same place.

§ 19-14-24. Other business in same place.No licensee shall conduct any business under this title within any office or place of business in which any other business is solicited or engaged, except as the director, or the director's designee, may authorize, in writing. Approval shall not be unreasonably withheld if the director, or the director's designee, finds that the character of the other business is such that the granting of the authority would not evade the provisions of this chapter.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-25 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-25 - Transactions and place of business limited by license.

§ 19-14-25. Transactions and place of business limited by license.No licensee shall transact the business provided for by this chapter under any other name or at any other place of business than that named in the license or branch certificate, unless that place is for the exclusive convenience of the customer. The fact that closings occur at a place other than a licensed place of business shall not be deemed to be a violation of this section.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-26 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-26 - Penalty for violations.

§ 19-14-26. Penalty for violations.(a) If a person other than a licensee engages in activity for which licensure is required by this title with or on behalf of a resident in violation of this chapter, the department may assess a civil penalty against the person in an amount not to exceed five thousand dollars ($5,000) for each day of violation and/or may order that the person cease and desist from all activities requiring licensure.(b) If a licensee materially violates or participates in the violation of any of the applicable provisions of this title, or any regulation promulgated under this title, the department may assess a civil penalty of not more than one thousand dollars ($1,000) for each violation or in the case of identifiable measured transactions per transaction, or by imprisonment not exceeding one year, or both. Each violation constitutes a separate offense. Complaints under the provisions of this chapter may be made by the director, or the director's designee, and shall not be required to give surety for costs. The attorney general shall prosecute all criminal activities under this chapter.(c) A civil penalty under this section continues to accrue until the earlier of the following:(1) The date the violation ceases; or(2) A date specified by the department.(d) In addition to the remedies set forth in subsections (a) and (b) of this section, upon proof of a material violation by a licensee, the department may take any of the following actions:(1) Suspend or revoke a license or registration under this chapter;(2) Order a person to cease and desist from doing activity for which a license or registration is required with or on behalf of a resident;(3) Request the court to appoint a receiver for the assets of a licensee or registrant;(4) Request the court to issue temporary, preliminary, or permanent injunctive relief against a licensee or registrant;(5) Recover on the bond or security posted by the licensee or registrant; or(6) Impose necessary or appropriate conditions on the conduct of business activity with or on behalf of a resident.(e) All actions of the department under this section shall be taken in accordance with the requirements of chapter 35 of title 42 (the administrative procedures act).History of Section.P.L. 1995, ch. 82, § 52; P.L. 1997, ch. 98, § 9; P.L. 2000, ch. 155, § 1; P.L. 2019, ch. 226, § 1; P.L. 2019, ch. 246, § 1; P.L. 2020, ch. 79, art. 2, § 10.
RI Gen L § 19-14-26.1 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-26.1 - Additional penalties.

§ 19-14-26.1. Additional penalties.(a) Any person who makes or brokers a loan not invalid for any other reason who knowingly violates § 19-14-2 shall, in the discretion of the court, forfeit and have no right to collect or receive any interest, fees, or charges whatsoever.(b) In the case of any unlicensed transaction involving lending or loan brokering activities, the amount of interest, fees, or charges previously collected shall be credited to the principal balance of the loan then due and owing or paid to the debtor, at the option of the holder of the loan.(c) In the case of any unlicensed check cashing, sale of check, or electronic money transfer transaction, the amount of any fees or charges previously collected shall be paid to the person from whom the fee or charge was collected. In the event that the person who collected the fee or charge is unable to identify the person from whom the fee or charge was collected, the fee or charge shall be paid to the director to and for the use of the state.History of Section.P.L. 2000, ch. 155, § 2.
RI Gen L § 19-14-27 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-27 - Modification or repeal of chapter.

§ 19-14-27. Modification or repeal of chapter.This chapter, or any part of this chapter, may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder, provided that the cancellation or alteration shall not impair or affect the obligation of any pre-existing lawful contract between any licensee and any customer.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-28 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-28 - Appeal from director.

§ 19-14-28. Appeal from director.Any applicant or licensee aggrieved by an action of the director, or the director's designee, in denying an application for a license or in revoking or suspending a license, or by any order or decision of the director, or the director's designee, shall have the right to appeal the action, order, or decision pursuant to chapter 35 of title 42.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-29 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-29 - Appropriations - Fees.

§ 19-14-29. Appropriations — Fees.The general assembly shall annually appropriate any sums it may deem sufficient for clerical assistance and necessary expenses in carrying out the provisions of this chapter. The state controller is authorized and directed to draw orders upon the general treasurer for the payment of the sums appropriated, or so much of the sums as may from time to time be required, upon receipt by him or her of proper vouchers approved by the director, or the director's designee. All fees received under the provisions of this title shall be turned over to the general treasurer.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-30 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-30 - Rules and regulations.

§ 19-14-30. Rules and regulations.The director, or the director's designee, may adopt reasonable rules and regulations for the implementation and administration of the provisions of this chapter. The director, or the director's designee, shall adopt and amend reasonable rules and regulations, not later than March 31, 2008, as may be necessary to effectuate and implement the provisions of §§ 19-14-1, 19-14-2, 19-14-3, 19-14-4, 19-14-6, 19-14-7, 19-14-9, 19-14-22, 19-14-23 and 19-14-33 pertaining to mortgage loan originators in order that those provisions pertaining to mortgage loan originators are in effect and force on January 1, 2009.History of Section.P.L. 1995, ch. 82, § 52; P.L. 2007, ch. 73, art. 16, § 1; P.L. 2007, ch. 244, § 1.
RI Gen L § 19-14-31 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-31 - Pre-existing contracts.

§ 19-14-31. Pre-existing contracts.Nothing contained in this chapter shall be construed to impair or affect the obligation of any contract or loan lawfully entered into prior to July 1, 1995.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-32 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-32 - Severability.

§ 19-14-32. Severability.If any provision of this chapter or the application of this chapter to any person or circumstances is held invalid or unconstitutional, the invalidity or unconstitutionality shall not affect other provisions or applications of this chapter that can be given effect without the invalid or unconstitutional provision or application, and to this end the provisions of this chapter are declared to be severable.History of Section.P.L. 1995, ch. 82, § 52.
RI Gen L § 19-14-33 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14 - Licensed Activities|Section 19-14-33 - Compliance with federal law governing licensed activities.

§ 19-14-33. Compliance with federal law governing licensed activities.(a) Each licensee shall comply with all applicable federal laws, rules, and regulations, as amended, governing activities conducted under its license.(b) Each licensee shall exercise due diligence in accordance with the rules and regulations promulgated pursuant to § 19-14-30 in confirming its compliance with applicable state/federal statutes and/or regulations at all phases of activities conducted under the license.History of Section.P.L. 2007, ch. 73, art. 16, § 2; P.L. 2007, ch. 244, § 2.
RI Gen L § 19-14.1-1 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.1 - Lenders and Loan Brokers|Section 19-14.1-1 - Confessions of judgment - Incomplete instruments prohibited.

§ 19-14.1-1. Confessions of judgment — Incomplete instruments prohibited.No lender or loan broker shall take any confession of judgment, or any power of attorney, except a power of attorney or power of sale authorizing the lender or loan broker in case of default in payment of interest or principal, to enforce the provisions of any chattel mortgage or pledge. No lender or loan broker shall take any note, promise to pay, or security that does not accurately disclose the actual amount of the loan, the time for which it is made, and the agreed rate of interest nor any instrument in which blanks are left to be filled in after execution. The provisions of this section related to confessions of judgment and power of attorney shall not apply to real estate secured loans.History of Section.P.L. 1995, ch. 82, § 53.
RI Gen L § 19-14.1-2 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.1 - Lenders and Loan Brokers|Section 19-14.1-2 - Maximum rate of interest.

§ 19-14.1-2. Maximum rate of interest.(a) Every lender may lend or loan broker may negotiate the lending of any sum of money and may charge, contract for, and receive points, fees, charges, and interest on the unpaid balance of the loan at a rate not to exceed that provided in § 6-26-2, or as otherwise permitted under applicable federal law or regulation.(b) Rebates of finance charges on precomputed loans, made for an original term of sixty (60) months or less, may be calculated on the method commonly referred to as the rule of 78 or sum of the digits. Rebates of finance charges on precomputed loans, made for an original term greater than sixty (60) months, must be calculated on the simple interest method.History of Section.P.L. 1995, ch. 82, § 53; P.L. 1997, ch. 98, § 10; P.L. 2003, ch. 79, § 3; P.L. 2003, ch. 82, § 3.
RI Gen L § 19-14.1-3 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.1 - Lenders and Loan Brokers|Section 19-14.1-3 - Unemployment insurance defined.

§ 19-14.1-3. Unemployment insurance defined.For the purposes of this chapter, involuntary unemployment insurance coverage shall not be a factor in the approval by the lender or loan broker of any loan. The lender or loan broker shall give and maintain specific written indication that the cost of this coverage is disclosed to the debtor; that the coverage is not a condition for the extension of credit; and that the debtor voluntarily desires the coverage. The debtor shall be given written notice of his or her right to cancel within thirty (30) days of the receipt of the insurance policy and that the cancellation will result in a full refund of any premiums paid. Unemployment resulting from a labor dispute shall be deemed involuntary unemployment.History of Section.P.L. 1995, ch. 82, § 53.