reglab/housing_qa huggingface dataset:
RI Gen L § 19-14.10-14 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-14 - Surety bond required.

§ 19-14.10-14. Surety bond required.(a) Each mortgage loan originator shall be covered by a surety bond in accordance with this section. In the event that the mortgage loan originator is an employee of a lender or loan broker licensed under chapter 14 of title 19, the surety bond of such lender or loan broker as required in accordance with the provisions of such chapter, increased to any higher amount, required by this section can be used in lieu of the mortgage loan originator's surety bond requirement.(1) The surety bond shall provide coverage for each mortgage loan originator in an amount as prescribed in subsection (b).(2) The surety bond shall be in a form as prescribed by the director, or the director's designee.(3) The director, or the director's designee, may promulgate rules or regulations with respect to the requirements for such surety bonds as are necessary to accomplish the purposes of this chapter.(b) The penal sum of the surety bond shall be maintained in an amount that reflects the dollar amount of loans originated as determined by the director, or the director's designee, by regulation adopted within one hundred twenty (120) days of the effective date of this section.(c) When an action is commenced on a licensee's bond, the director, or the director's designee, may require the filing of a new bond.(d) Immediately upon recovery upon any action on the bond the licensee shall file a new bond.(e) The director, or the director's designee, shall, within one hundred twenty (120) days of the effective date of this section, promulgate rules or regulations with respect to the requirements for surety bonds as are necessary to accomplish the purposes of this chapter.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3; P.L. 2011, ch. 145, § 3.
RI Gen L § 19-14.10-15 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-15 - Confidentiality.

§ 19-14.10-15. Confidentiality.In order to promote more effective regulation and reduce regulatory burden through supervisory information sharing:(1) Except as otherwise provided in public law 110-289, § 1512 (12 U.S.C. § 5111), the requirements under any federal law, or chapter 2 of title 38 of the general laws of Rhode Island regarding the privacy or confidentiality of any information or material provided to the Nationwide Mortgage Licensing System and Registry, and any privilege arising under federal or state law (including the rules of any federal or state court) with respect to such information or material, shall continue to apply to such information or material after the information or material has been disclosed to the Nationwide Mortgage Licensing System and Registry. Such information and material may be shared with all state and federal regulatory officials with mortgage industry oversight authority without the loss of privilege or the loss of confidentiality protections provided by federal law or chapter 2 of title 38 of the general laws of Rhode Island.(2) For these purposes, the director, or the director's designee, is authorized to enter agreements or sharing arrangements with other governmental agencies, the Conference of State Bank Supervisors, the American Association of Residential Mortgage Regulators or other associations representing governmental agencies as established by rule, regulation, or order of the director, or the director's designee.(3) Information or material that is subject to a privilege or confidentiality under subsection (a) shall not be subject to:(i) Disclosure under any federal or state law governing the disclosure to the public of information held by an officer or an agency of the federal government or the respective state; or(ii) Subpoena or discovery, or admission into evidence, in any private civil action or administrative process, unless with respect to any privilege held by the Nationwide Mortgage Licensing System and Registry with respect to such information or material, the person to whom such information or material pertains waives, in whole or in part, in the discretion of such person, that privilege.(4) Section 19-4-3 relating to the disclosure of confidential supervisory information or any information or material described in this section that is inconsistent with this section shall be superseded by the requirements of this section.(5) This section shall not apply with respect to the information or material relating to the employment history of, and publicly adjudicated disciplinary and enforcement actions against, mortgage loan originators that is included in the Nationwide Mortgage Licensing System and Registry for access by the public.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-18 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-18 - Mortgage call reports.

§ 19-14.10-18. Mortgage call reports.Each lender, loan broker, or mortgage loan originator licensee shall submit to the Nationwide Mortgage Licensing System and Registry reports of condition, which shall be in such form and shall contain such information as the Nationwide Mortgage Licensing System and Registry may require.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-19 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-19 - Report to Nationwide Mortgage Licensing System and Registry.

§ 19-14.10-19. Report to Nationwide Mortgage Licensing System and Registry.Subject to state privacy law the director, or the director's designee, is required to report regularly violations of this chapter, as well as enforcement actions and other relevant information, to the Nationwide Mortgage Licensing System and Registry subject to the provisions contained in § 19-1-4-3.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-20 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-20 - Reserved.

§ 19-14.10-20. Reserved.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-21 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-21 - Unique identifier shown.

§ 19-14.10-21. Unique identifier shown.The name and the unique identifier of any person originating a residential mortgage loan shall be clearly shown on all residential mortgage loan application forms, solicitations or advertisements, including business cards or websites, and any other documents as established by rule, regulation or order of the director, or the director's designee.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-22 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-22 - Severability.

§ 19-14.10-22. Severability.If any provision of this chapter or its application to any person or circumstance is held invalid, the remainder of the chapter or the application of the provision to other persons or circumstances is not affected.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.11-1 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.11 - Third-Party Loan Servicers|Section 19-14.11-1 - License required.

§ 19-14.11-1. License required.(a) No person shall act as a third-party loan servicer, directly or indirectly, for a loan to a Rhode Island borrower without first obtaining a license under this chapter from the director, or the director's designee.(b) No license shall be required of:(1) A depository institution, or an affiliate or subsidiary of a depository institution, that is controlled by, or under common control with, the depository institution and subject to the regulatory authority of the primary regulator of the depository institution.(2) A lender licensed under chapter 14 of title 19 that retains the servicing rights on a loan originally closed in the lender's name and subsequently sold, in whole or in part, to a third party, provided that the provisions of §§ 19-14.11-2 (segregated accounts) and 19-14.11-4 (prohibited acts and practices) of this chapter shall apply to such lender.(3) A debt-management company licensed in this state when engaged in activities permitted pursuant to its debt-management license.(4) An attorney licensed in this state when collecting a debt on behalf of a client.(5) Bona-fide nonprofit, organizations, exempt from taxation under section 501(c) of the Internal Revenue Code, that are approved by the Department of Housing and Urban Development as housing counseling agencies; that have a physical location in Rhode Island; and that lend state or federal funds.History of Section.P.L. 2014, ch. 487, § 2; P.L. 2014, ch. 522, § 2.
RI Gen L § 19-14.11-2 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.11 - Third-Party Loan Servicers|Section 19-14.11-2 - Segregated accounts.

§ 19-14.11-2. Segregated accounts.(a) All amounts paid by borrowers to a licensee subject to this chapter shall be deposited in one or more accounts maintained at a federally insured depository institution, and with respect to such funds, the licensee shall act as a fiduciary. Such account, or accounts, shall be segregated from all other accounts of the licensee. Such funds shall not be used in the conduct of the licensee's personal affairs or in the licensee's business affairs.(b) The licensee may withdraw funds from the segregated account for payment directly to the owner of the loan or other third party of principal and interest and other payments as may be required pursuant to the terms of the loan document or servicing contract.(c) The licensee may withdraw funds from the segregated account for commissions to which it is entitled for services actually performed.(d) The licensee may return funds from the segregated account to the borrower if not prohibited.(e) The licensee shall maintain complete and accurate account records, including, at a minimum, the source of all deposits; the nature and recipient of all disbursements; the date and amount of each transaction; and the name of the borrower. All documents pertaining to account activity shall be produced upon request of the director.History of Section.P.L. 2014, ch. 487, § 2; P.L. 2014, ch. 522, § 2.
RI Gen L § 19-14.11-3 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.11 - Third-Party Loan Servicers|Section 19-14.11-3 - Records required of licensee.

§ 19-14.11-3. Records required of licensee.The licensee shall keep, use in the licensee's business, and make available to the director, or the director's designee, upon request, such books, accounts, records, and data compilations as will enable the director, or director's designee, to determine whether such licensee is complying with the provisions of this and other applicable chapters and with the rules and regulations promulgated thereunder. Every licensee shall preserve such books, accounts, records, and data compilations in a secure manner and in accordance with § 19-14-20 for at least three (3) years after making the final entry on any loan recorded therein.History of Section.P.L. 2014, ch. 487, § 2; P.L. 2014, ch. 522, § 2.
RI Gen L § 19-14.11-4 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.11 - Third-Party Loan Servicers|Section 19-14.11-4 - Prohibited acts and practices.

§ 19-14.11-4. Prohibited acts and practices.It is a violation of this chapter for a person to:(1) Directly or indirectly employ any scheme, device, or artifice to defraud or mislead borrowers or lenders or to defraud any person.(2) Engage in any unfair or deceptive practice toward any person.(3) Obtain property by fraud or misrepresentation.(4) Use any unfair or unconscionable means in servicing a loan.(5) Knowingly misapply or recklessly apply loan payments to the outstanding balance of a loan.(6) Knowingly misapply or recklessly apply payments to escrow accounts.(7) Require the unnecessary forced placement of insurance when adequate insurance is currently in place.(8) Fail to provide loan payoff information within the time period set forth in chapter 19.(9) Charge excessive or unreasonable fees to provide loan payoff information.(10) Fail to manage and maintain escrow accounts in accordance with § 19-9-2.(11) Knowingly or recklessly provide inaccurate information to a credit bureau, thereby harming a consumer's credit worthiness.(12) Fail to report both the favorable and unfavorable payment history of the consumer to a nationally recognized consumer credit bureau at least annually if the servicer regularly reports information to a credit bureau.(13) Collect private mortgage insurance beyond the date for which private mortgage insurance is required.(14) Knowingly or recklessly facilitate the illegal foreclosure of real property collateral.(15) Knowingly or recklessly facilitate the illegal repossession of chattel collateral.(16) Fail to respond to consumer complaints in a timely manner.(17) Conduct any business covered by this chapter without holding a valid license as required under this chapter, or assist, or aid and abet, any person in the conduct of business under this chapter without a valid license as required under this chapter.(18) Fail to comply with any federal or state law, rule, or other legally binding authority relating to the evaluation of loans for modification purposes or the modification of loans.(19) Fail to comply with this chapter, or rules adopted under this chapter, or fail to comply with any orders or directives from the director, or fail to comply with any other state or federal law, including the regulations thereunder, applicable to any business authorized or conducted under this chapter.History of Section.P.L. 2014, ch. 487, § 2; P.L. 2014, ch. 522, § 2.
RI Gen L § 19-15-1 - 19-15-16 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-15 - Receivership|Section 19-15-1 - 19-15-16 - Repealed.

§ 19-15-1 — 19-15-16. Repealed.
RI Gen L § 19-15.1-1 - 19-15.1-17 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-15.1 - Alternative Receivership|Section 19-15.1-1 - 19-15.1-17 - Repealed.

§ 19-15.1-1 — 19-15.1-17. Repealed.
RI Gen L § 19-16-1 - 19-16-15 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-16 - Conservatorship|Section 19-16-1 - 19-16-15 - Repealed.

§ 19-16-1 — 19-16-15. Repealed.
RI Gen L § 19-17-1 - 19-17-6 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-17 - Voluntary Liquidation|Section 19-17-1 - 19-17-6 - Repealed.

§ 19-17-1 — 19-17-6. Repealed.
RI Gen L § 19-18-1 - 19-18-12 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-18 - Banking Emergencies|Section 19-18-1 - 19-18-12 - Repealed.

§ 19-18-1 — 19-18-12. Repealed.
RI Gen L § 19-19-1 - 19-19-10 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-19 - Banking Offenses|Section 19-19-1 - 19-19-10 - Repealed.

§ 19-19-1 — 19-19-10. Repealed.
RI Gen L § 19-20-1 - 19-20-28 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-20 - Loan And Investment Companies|Section 19-20-1 - 19-20-28 - Repealed.

§ 19-20-1 — 19-20-28. Repealed.
RI Gen L § 19-21-1 - 19-21-55 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-21 - Credit Unions|Section 19-21-1 - 19-21-55 - Repealed.

§ 19-21-1 — 19-21-55. Repealed.
RI Gen L § 19-22-1 - 19-22-45 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-22 - Formation Of Building-loan Associations|Section 19-22-1 - 19-22-45 - Repealed.

§ 19-22-1 — 19-22-45. Repealed.
RI Gen L § 19-23-1 - 19-23-15 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-23 - Operations of Domestic Building-Loan Associations|Section 19-23-1 - 19-23-15 - Repealed.

§ 19-23-1 — 19-23-15. Repealed.
RI Gen L § 19-23.1-1 - 19-23.1-26 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-23.1 - Stock Building-Loan Associations|Section 19-23.1-1 - 19-23.1-26 - Repealed.

§ 19-23.1-1 — 19-23.1-26. Repealed.
RI Gen L § 19-24-1 - 19-24-10 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-24 - Foreign Building-Loan Associations|Section 19-24-1 - 19-24-10 - Repealed.

§ 19-24-1 — 19-24-10. Repealed.
RI Gen L § 19-25-1 - 19-25-43 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-25 - Small Loan Business|Section 19-25-1 - 19-25-43 - Repealed.

§ 19-25-1 — 19-25-43. Repealed.
RI Gen L § 19-25.1-1 - 19-25.1-27 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-25.1 - Educational Lending|Section 19-25.1-1 - 19-25.1-27 - Repealed.

§ 19-25.1-1 — 19-25.1-27. Repealed.
RI Gen L § 19-25.2-1 - 19-25.2-36 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-25.2 - Secondary Mortgage Loans|Section 19-25.2-1 - 19-25.2-36 - Repealed.

§ 19-25.2-1 — 19-25.2-36. Repealed.
RI Gen L § 19-25.3-1 - 19-25.3-33 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-25.3 - Loan Business|Section 19-25.3-1 - 19-25.3-33 - Repealed.

§ 19-25.3-1 — 19-25.3-33. Repealed.
RI Gen L § 19-25.4-1 - 19-25.4-30 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-25.4 - Money and Mortgage Brokers|Section 19-25.4-1 - 19-25.4-30 - Repealed.

§ 19-25.4-1 — 19-25.4-30. Repealed.
RI Gen L § 19-26-1 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-26 - Pawnbrokers|Section 19-26-1 - Businesses subject to chapter.

§ 19-26-1. Businesses subject to chapter.Every person, partnership, or corporation, except a national bank or bank or trust company duly incorporated under the laws of this state, engaged in the business of loaning money on the security of a deposit of any personal property other than choses in action, whether or not a note or other evidence of indebtedness be given by the borrower, shall be deemed to be carrying on the business of a pawnbroker, within the meaning of this chapter, and shall be subject to all the provisions contained in this chapter.History of Section.G.L. 1896, ch. 105, § 17; P.L. 1909, ch. 435, § 5; G.L. 1923, ch. 131, § 17; G.L. 1938, ch. 364, § 17; G.L. 1956, § 19-26-1.
RI Gen L § 19-26-2 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-26 - Pawnbrokers|Section 19-26-2 - City or town license - Fee - Revocation.

§ 19-26-2. City or town license — Fee — Revocation.The city or town council of any city or town may grant licenses to suitable persons, residents of the state, under any conditions and regulations that it may think proper, to carry on the business of pawnbrokers within their respective cities or towns for the term of one year at the place designated in the license, and every license granted shall designate the place where the business shall be carried on, and the carrying on of the business in any other place than that designated in the license, whether by the person named or by any other person, shall be deemed to be without license, and shall be punished accordingly; and every person taking the license shall pay to the city or town treasurer a sum not less than fifty dollars ($50.00), nor more than two hundred dollars ($200), to be fixed by the city or town council, and notwithstanding anything contained in this chapter, any license granted may be revoked and annulled by the city or town council at any time without affecting any liability under the bonds to be given, and without any claim for the money, or any part of the money, paid for the license.History of Section.G.L. 1896, ch. 105, § 1; G.L. 1909, ch. 126, § 1; G.L. 1923, ch. 131, § 1; G.L. 1938, ch. 364, § 1; G.L. 1956, § 19-26-2; P.L. 2004, ch. 169, § 1.
RI Gen L § 19-26-3 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-26 - Pawnbrokers|Section 19-26-3 - License bond.

§ 19-26-3. License bond.Before any license is issued under the provisions of this chapter, the person applying for the license shall give bond to the city or town treasurer in the penal sum of two thousand dollars ($2,000), with at least two (2) sureties satisfactory to the town council, which sureties shall be residents of the town or city where the licensee proposes to do business, conditioned that he or she will not violate any of the provisions of this chapter, and for the payment of all costs and damages incurred by any violation of this chapter, and the other fines and penalties provided for in this section for any violation of the provisions of this chapter shall not affect the liability of the obligor upon the bond.History of Section.G.L. 1896, ch. 105, § 1; G.L. 1909, ch. 126, § 1; G.L. 1923, ch. 131, § 1; G.L. 1938, ch. 364, § 1; G.L. 1956, § 19-26-3.
RI Gen L § 19-26-4 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-26 - Pawnbrokers|Section 19-26-4 - Penalty for unlicensed business.

§ 19-26-4. Penalty for unlicensed business.Every person carrying on the business of pawnbroker without a license shall be fined two hundred dollars ($200) for the first offense and five hundred dollars ($500) for the second and every subsequent offense.History of Section.G.L. 1896, ch. 105, § 2; G.L. 1909, ch. 126, § 2; G.L. 1923, ch. 131, § 2; G.L. 1938, ch. 364, § 2; G.L. 1956, § 19-26-4.
RI Gen L § 19-26-6 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-26 - Pawnbrokers|Section 19-26-6 - Articles appearing to have been stolen.

§ 19-26-6. Articles appearing to have been stolen.If it appears to any of the officers specified in § 19-26-5 that any article or articles that have been pawned have been stolen, the officer may give notice in writing to the pawnbroker to hold the article or articles, and the pawnbroker shall thereafter hold the article or articles for sixty (60) days, unless the notice is recalled in writing by the officer giving it. The article or articles shall be subject to inspection of the officer and any person with the officer at all reasonable times, and the article or articles shall be produced on notice or summons before any court or grand jury if the question of the larceny of the article or articles is under investigation. The pawnbroker shall not be liable in damages or otherwise on account of the detention. Any person who willfully hinders, obstructs, or prevents the officer from inspecting the article or articles, or violates any provision of this section, shall be fined not exceeding five hundred dollars ($500), or be imprisoned not exceeding six (6) months.History of Section.G.L. 1896, ch. 105, § 16; P.L. 1909, ch. 435, § 5; G.L. 1923, ch. 131, § 16; G.L. 1938, ch. 364, § 16; G.L. 1956, § 19-26-6.