The extension is in response to ongoing concerns with the spread of COVID-19 and will allow licensees time to evaluate the remote work arrangement as part of their long-term business processes.
The Idaho Department of Finance has extended its temporary guidance regarding remote work due to COVID-19 from Sept. 1, 2020, to Dec. 31, 2020, and will be issuing a memo to all licensees.
The guidance pertains to the ability of individual employees of licensees to work from their own residence without obtaining an Idaho branch license or registration for the location under specific requirements. The intent of the guidance was to offer licensees the ability to continue business operations remotely while taking precautions to avoid the risk of exposure to COVID-19 and to comply with any quarantine requirements, stay-at-home orders and reopening limitations.
“The department recognizes that the continued spread of localized person-to-person cases of the virus has not significantly improved. As states and municipalities continue to lift stay-at-home orders in varying stages, licensees may still need to continue remote operations in certain locations,” according to the department’s memo.
The extension also allows licensees time to continue to evaluate whether it is beneficial to their businesses and their consumers to continue using remote operations.
Licensees are still expected to meet the requirements of the original guidance and understand and recognize that the guidance is not an amendment to the Idaho Residential Mortgage Practices Act, the Idaho Credit Code or the Idaho Collection Agency Act, according to the memo.
This extended guidance may be modified or withdrawn by the director as conditions change or as otherwise directed by Gov. Brad Little.
Questions regarding this temporary guidance may be directed to [email protected] or (208) 332-8000.
For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at [email protected] or call (952) 926-6547.