# C.R.S. § 12-10-706: 12-10-706. License or registration inactivation

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-706

## Section

- **Citation:** C.R.S. § 12-10-706
- **Heading:** 12-10-706. License or registration inactivation
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 12 / Article 10 / Part 7 / Section 12-10-706

## Text

12-10-706. License or registration inactivation. (1) The board may inactivate a state license or a registration with the nationwide mortgage licensing system and registry when a licensee has failed to:

(a) Comply with the surety bond requirements of sections 12-10-704 (8) and 12-10-717;

(b) Comply with the errors and omissions insurance requirement in section 12-10-707 or any rule of the board that directly or indirectly addresses errors and omissions insurance requirements;

(c) Maintain current contact information, surety bond information, or errors and omissions insurance information as required by this part 7 or by any rule of the board that directly or indirectly addresses those requirements;

(d) Respond to an investigation or examination;

(e) Comply with any of the education or testing requirements set forth in this part 7 or in any rule of the board that directly or indirectly addresses education or testing requirements; or

(f) Register with and provide all required information to the nationwide mortgage licensing system and registry.

## Nearby sections

- [C.R.S. § 12-10-701 12-10-701. Short title](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-701.md)
- [C.R.S. § 12-10-702 12-10-702. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-702.md)
- [C.R.S. § 12-10-703 12-10-703. Board of mortgage loan originators - creation - compensation - enforcement of pa](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-703.md)
- [C.R.S. § 12-10-704 12-10-704. License required - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-704.md)
- [C.R.S. § 12-10-705 12-10-705. Registration required - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-705.md)
- [C.R.S. § 12-10-706 12-10-706. License or registration inactivation](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-706.md)
- [C.R.S. § 12-10-707 12-10-707. Errors and omissions insurance - duties of the board - certificate of coverage -](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-707.md)
- [C.R.S. § 12-10-708 12-10-708. License renewal](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-708.md)
- [C.R.S. § 12-10-709 12-10-709. Exemptions - definition - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-709.md)
- [C.R.S. § 12-10-710 12-10-710. Originator's relationship to borrower - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-710.md)
- [C.R.S. § 12-10-711 12-10-711. Powers and duties of the board - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-711.md)
- [C.R.S. § 12-10-712 12-10-712. Powers and duties of the board over mortgage companies - fines - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-712.md)
- [C.R.S. § 12-10-713 12-10-713. Disciplinary actions - grounds - procedures - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-713.md)
- [C.R.S. § 12-10-714 12-10-714. Hearing - administrative law judge - review - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-714.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T12_A10_P7_S12-10-706. Check the current official text before relying on it. Not legal advice.