Temporary authority to operate definition

Temporary authority to operate means the authority granted to the states by federal law through amendment to the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 by the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 (S.2155, Title I, 12. U.S.C. 5101 et seq.), permitting an eligible mortgage loan originator applicant to engage in mortgage transactions in this state on a temporary basis concurrently with that eligible mortgage loan originator applicant's pending application for licensure in this state, for up to one hundred twenty (120) days or upon approval of the licensing application, whichever is sooner, beginning November 24, 2019.
Sample 1Sample 2Sample 3

Related to Temporary authority to operate

  • Temporary license means a license issued on a short-term basis for a specified time pursuant to subrule 3.5(4).

  • Temporary job site means a location where any of the following occur:

  • Temporary Work Agency means as defined in Regulation 4 of the AWR being a person engaged in the economic activity, public or private, whether or not operating for profit, and whether or not carrying on such activity in conjunction with others, of:

  • Temporary use means a use or structure on improved or unimproved real estate which is of impermanent nature, and is used for less than ninety days in a calendar year.

  • Temporary permit means a permit issued while the applicant is in training to become a licensed hearing aid specialist.

  • Temporary Position means a position established to cover a workload that is predictable and regular, but for a limited period. Temporary Employees hired for a period of continuous temporary employment in the same position in excess of twenty-four (24) months, shall have the position posted as a permanent position in accordance with Article 11 Position Opportunities. Temporary employment for a period beyond twenty-four (24) months may be exempted from the provisions of this clause by mutual agreement between the Employer and the Union.

  • Temporary Occupation Permit means a Temporary Occupation Permit issued under the Building Control Act (Cap. 29);

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.

  • Temporary Work means all temporary works of every kind required in or about the execution, completion and maintenance of the works.

  • Temporary suspension means the removal of a student from school for a specified period of 10 school days or less after a rudimentary hearing.

  • Supervisory Authority means an independent public authority which is established by an EU Member State pursuant to the GDPR.

  • Temporary housing means any tent, trailer, motor home, or other structure used for human shelter which is designed to be transportable and which is not attached to the ground, to another structure, or to any utilities system on the same premises for more than thirty (30) days.