(1) Any person, except a person exempt under section 26-31-202 , Idaho Code, who engages in mortgage brokering activities or mortgage lending activities without first obtaining a license from the department in accordance with this part, shall upon conviction be guilty of a felony. (2) No person, except a person exempt under section 26-31-202 , Idaho Code, shall engage in mortgage brokering activities or mortgage lending activities without first obtaining a license from the department in accordance with this part.
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