source:
  type: regulation
  id: safe-12cfr-1008.109
  authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
    § 1008.109 — Effective date of state requirements imposed on individuals
  description: '12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB),
    §1008.109 Effective date of state requirements imposed on individuals. Captured section-complete (all subsections
    verbatim).

    '
obligations:
- id: safe-12cfr-1008.109-a
  canonical_id: safe-12cfr-1008.109-a
  section: 12 CFR §1008.109(a)
  description: 'Effective date of state requirements imposed on individuals — (a): (a) Except as provided in paragraphs
    (b) and (c) of this section, a state must provide that the effective date for requirements it imposes in accordance
    with &#xA7;&#xA7; 1008.103, 1008.105, and 1008.107 is no later than August 29, 2011.'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.109
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (a) Except as provided in paragraphs (b) and (c) of this section, a state must provide that
      the effective date for requirements it imposes in accordance with &#xA7;&#xA7; 1008.103, 1008.105, and 1008.107
      is no later than August 29, 2011.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.109 subsection (a) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.109-b
  canonical_id: safe-12cfr-1008.109-b
  section: 12 CFR §1008.109(b)
  description: 'Effective date of state requirements imposed on individuals — (b): (b) For an individual who was
    permitted to perform residential mortgage loan originations under state legislation or regulations enacted or
    promulgated prior to the state''s enactment or promulgation of a licensing system that complies with this subpart,
    a state may delay the effective date for requi…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.109
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (b) For an individual who was permitted to perform residential mortgage loan originations under
      state legislation or regulations enacted or promulgated prior to the state's enactment or promulgation of
      a licensing system that complies with this subpart, a state may delay the effective date for requirements
      it imposes in accordance with &#xA7;&#xA7; 1008.103, 1008.105, and 1008.107 to no later than August 29, 2011.
      For purposes of this paragraph (b), an individual was permitted to perform residential mortgage loan originations
      only if prior state law required the individual to be licensed, authorized, registered, or otherwise granted
      a form of affirmative and revocable government permission for individuals as a condition of performing residential
      mortgage loan originations.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.109 subsection (b) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
- id: safe-12cfr-1008.109-c
  canonical_id: safe-12cfr-1008.109-c
  section: 12 CFR §1008.109(c)
  description: 'Effective date of state requirements imposed on individuals — (c): (c) The Bureau may approve a
    later effective date only upon a state''s demonstration that substantial numbers of loan originators (or of
    a class of loan originators) who require a state license face unusual hardship, through no fault of their own
    or of the state government, in complying with the stan…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 1008 — SAFE Act Minimum State Licensing Standards for Mortgage Loan Originators (CFPB)
      § 1008.109
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1008
    snapshot_id: 8be7db7ff328d57d
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:d145571b2b30300b8a66c87fe89c457b2c3961ee4d853c3e9b551a7eb4f181bb
    paragraph_quote: (c) The Bureau may approve a later effective date only upon a state's demonstration that substantial
      numbers of loan originators (or of a class of loan originators) who require a state license face unusual hardship,
      through no fault of their own or of the state government, in complying with the standards required by the
      S.A.F.E. Act and in obtaining state licenses within one year.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §1008.109 subsection (c) from snapshot 8be7db7ff328d57d;
      substring-verified.
  judgment: false
