DE HB286

Removes outdated requirement that supervisory assessments on branches of out-of-state banks be calculated under specific sections of Title 5 (§1101(i)).

Eliminates requirements that licenses for mortgage loan brokers, money transmitters, and sales finance companies must be displayed prominently at places of business.

Removes requirement that license applications for money transmitters be made under oath.

Simplifies license amendment procedures by eliminating duplicate license issuance and filing requirements, allowing commissioners to issue amended licenses without specifying address details.

Repeals §2718 (Form of license), §2719 (Display of license), and §2744 (Limitations on business) as these requirements are consolidated or removed from Title 5.