How many persons are required to request a hearing on rules?

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Prepare for the South Carolina Mortgage Loan Originator Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In South Carolina, the correct answer regarding the number of persons required to request a hearing on rules is 25 persons. This requirement is set to ensure that there is a substantial level of interest and support for the hearing. By having a specific number of individuals who must request the hearing, it helps to filter out frivolous or marginal requests and ensures that the matters being brought forward reflect a more significant concern within the community or among stakeholders.

In many regulatory frameworks, having a set threshold for such requests helps to maintain an efficient and organized process for rule-making and public hearings, ensuring that the interests of a larger group are represented, rather than decisions being made based on the input of only a few individuals.

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