§170.80. Return of Documents

Latest version.

All legal instruments taken in connection with a funding and executed by a consumer shall be returned to the consumer, physically or electronically, promptly following the resolution date or the satisfaction date. To satisfy the requirements of this Section, a licensee may substitute copies reproduced from any medium or format which accurately reproduces the original documents. Any executed copy of any legal instrument taken in connection with a funding retained by the licensee must be clearly marked “PAID” or “FULLY SATISFIED”.

                    
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