RSA 397-A:4 Exemptions.
Title: XXXV - BANKS AND BANKING; LOAN ASSOCIATIONS; CREDIT UNIONS
Chapter: 397-A - LICENSING OF NONDEPOSITORY MORTGAGE BANKERS, BROKERS, AND SERVICERS
The provisions of this chapter shall not apply to:
I. Depository institutions or an institution regulated by the Farm Credit Administration.
II. Registered mortgage loan originators, when acting for an entity described in paragraph I or for a subsidiary that is owned and controlled by an entity described in paragraph I.
III. Federal, state, or local governmental agencies, instrumentalities, and corporations and the employees of such entities who act as loan originators and mortgage servicers pursuant to their official duties as employees of the entities provided that with regard to those activities that would otherwise be within the scope of this chapter:
(a) Such government entity operates:
(1) To promote affordable housing, housing improvement assista