# Idaho Code § 26-31-103: 26-31-103 DIRECTOR'S AUTHORITY UNDER THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-103

## Section

- **Citation:** Idaho Code § 26-31-103
- **Heading:** 26-31-103 DIRECTOR'S AUTHORITY UNDER THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 26 / Chapter 31 / Section 26-31-103

## Text

PART 1.

GENERAL PROVISIONS

26-31-103. DIRECTOR'S AUTHORITY UNDER THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY. (1) The legislature has determined that a nationwide mortgage licensing system and registry for mortgage brokers, mortgage lenders and mortgage loan originators is consistent with both the public interest and the purposes of this chapter.

(2) For the sole purpose of participating in the nationwide mortgage licensing system and registry, the director is authorized to:

(a) Modify by rule the license renewal dates under this chapter;

(b) Establish by rule such new requirements as are necessary for the state of Idaho to participate in the nationwide mortgage licensing system and registry upon the director's finding that each new requirement is consistent with both the public interest and the purposes of this chapter; and

(c) Require a background investigation of each applicant and each control person of an applicant for a mortgage broker, mortgage lender or mortgage loan originator license by means of fingerprint checks by the Idaho state police and the FBI for state and national criminal history record checks. The information obtained thereby may be used by the director to determine the applicant's eligibility for licensing under this chapter. The fee required to perform the criminal history record check shall be borne by the license applicant. Information obtained or held by the director pursuant to this subsection shall be considered confidential personal information and shall be exempt from disclosure pursuant to section 74-106(8) and (9), Idaho Code.

History:

[26-31-103, added 2009, ch. 97, sec. 2, p. 284; am. 2013, ch. 64, sec. 2, p. 143; am. 2015, ch. 141, sec. 46, p. 415.]

## Nearby sections

- [Idaho Code § 26-31-101 26-31-101 SHORT TITLE AND SCOPE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-101.md)
- [Idaho Code § 26-31-102 26-31-102 GENERAL DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-102.md)
- [Idaho Code § 26-31-103 26-31-103 DIRECTOR'S AUTHORITY UNDER THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-103.md)
- [Idaho Code § 26-31-104 26-31-104 BORROWER'S REMEDIES NOT AFFECTED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-104.md)
- [Idaho Code § 26-31-105 26-31-105 RELATIONSHIP TO OTHER LAWS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-105.md)
- [Idaho Code § 26-31-106 26-31-106 FUNDS COLLECTED UNDER THIS CHAPTER.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-106.md)
- [Idaho Code § 26-31-107 26-31-107 CHARGES FOR PARTICIPATION IN THE NMLSR.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-107.md)
- [Idaho Code § 26-31-108 26-31-108 REPORT TO NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-108.md)
- [Idaho Code § 26-31-109 26-31-109 MORTGAGE RECOVERY FUND.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-109.md)
- [Idaho Code § 26-31-110 26-31-110 FUNDING.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-110.md)
- [Idaho Code § 26-31-111 26-31-111 STATUTE OF LIMITATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-111.md)
- [Idaho Code § 26-31-112 26-31-112 PROCEDURE FOR RECOVERY.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-112.md)
- [Idaho Code § 26-31-113 26-31-113 RECOVERY LIMITS.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-113.md)
- [Idaho Code § 26-31-114 26-31-114 REVOCATION OF LICENSE FOR PAYMENT FROM MORTGAGE RECOVERY FUND.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T26_C31_S26-31-103. Check the current official text before relying on it. Not legal advice.