§ 28201 Licensee Name Usage Rules

• •A company with a license can't use a different name unless they tell the commissioner in writing first.
• •They have to use their real company name unless they get permission.
• •If they want to use another name, they must ask first and get it approved.

A licensed bank called 'SafeMoney Bank' wants to open a new branch under the name 'QuickCash Services'.

SafeMoney Bank can't just start using 'QuickCash Services' without telling the commissioner first. They need to write a letter asking for permission to use the new name. If they don't, they could get in trouble.