§ 28320 Licensee Office Location Rules

• •If a company wants to move its main office, it must tell the commissioner in writing first.
• •If a company wants to open, move, or close any other office, it must tell the commissioner within two business days after doing it.
• •The rule is to keep the commissioner informed about office changes.

A bank wants to open a new branch in another town.

The bank must tell the commissioner within two business days after opening the new branch. If the bank wants to move its main office, it must ask the commissioner in writing before moving.