summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to permit provisional licensure for financial services. Financial Services.
AI Summary
This bill aims to permit provisional licensure for financial services. Specifically, it amends section 204 of Chapter 110A of the General Laws to require the Secretary to issue provisional licenses for applicants whose past 5-year record includes fines of less than $25,000 and suspensions of less than 1 month. The Secretary can also use their discretion to issue provisional licenses for applicants with a record of suspensions greater than 1 month or financial penalties greater than $25,000 in the past 5 years. Upon completion of the review by the Secretary, any provisional license issued would be terminated, and a final license determination would be made.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a study order, see S2496 (on 04/30/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/S548 |
| Bill | https://malegislature.gov/Bills/190/S548.pdf |
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