Uniform State Content (SAFE Act)Question 368 of 400
A state-licensed MLO takes the same 8-hour CE course twice in the same year to fulfill this year's and next year's requirement. Under the SAFE Act's successive-years rule, this is:
a.Fully permitted, since the content is identical
b.Permitted only if the second course is taken online
c.Permitted if the MLO pays a double fee
d.Not permitted, because an MLO may not take the same approved CE course in the same or successive years to meet the annual requirement
Explanation
The SAFE Act's successive-years rule prohibits an MLO from receiving credit for the same approved CE course taken in the same or successive years. The course content must be different to count toward the next year's requirement, ensuring the MLO is exposed to current material.
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