484.025. Residential loans, imposition of fee to complete documentation not deemed engaging in the unauthorized practice of law.

Residential loans, imposition of fee to complete documentationnot deemed engaging in the unauthorized practice of law.

484.025. No bank or lending institution that makes residential loansand imposes a fee of less than two hundred dollars for completingresidential loan documentation for loans made by that institution shall bedeemed to be engaging in the unauthorized practice of law.

(L. 2005 S.B. 420 & 344 § 2)