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HI HB1096
Bill
Status
6/30/2016
Primary Sponsor
Angus McKelvey
Click for details
AI Summary
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Amends Section 454F-10.5 of Hawaii Revised Statutes to specify that mortgage loan originator company locations must be open to the public during posted business hours, with at least some hours during regular business hours.
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Requires business hours to be posted on or adjacent to the main office door for locations in commercial buildings, visible to the public from outside.
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Allows business hours to be posted on the company website (along with address and phone number) if the location is not in a commercial building or posting on the door is not permitted.
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Mandates that posted business hours be displayed in a clear, conspicuous, and accurate manner to inform consumers when the location will be open.
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Takes effect on July 1, 2016.
Legislative Description
Residential Mortgage Loans; Mortgage Loan Originator Companies; Posted Business Hours; Regular Business Hours
Last Action
Act 144, 06/29/2016 (Gov. Msg. No. 1246).
6/30/2016