Requiring the Commissioner of Financial Regulation to designate an individual to serve as the Student Loan Ombudsman; establishing the duties and responsibilities of the Student Loan Ombudsman; requiring the Ombudsman, in consultation with the Commissioner, to establish a certain student loan borrower education course with certain requirements; prohibiting a person from engaging in student education loan servicing unless the person is licensed by the Commissioner or is exempt from licensing; establishing application requirements; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2018
( 12-1101 through 12-1122, 2-104.1 )
Last Updated: 2/3/2020 2:36 PM