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Current as of January 01, 2023 | Updated by Findlaw Staff
(a) Business Location.--A licensee may conduct and carry on the licensee's business only at one or more locations approved by the Commissioner, and no changes shall be made from one location to another without the approval of the Commissioner.
(b) Additional Places of Business.--Not more than one place of business shall be maintained under the same license, but the Commissioner may issue more than one license to the same licensee upon compliance with all the provisions of this Article governing issuance of a single license.
(c) Change of Location, Ownership, or Management.--If any change occurs in the name and address of the licensee or of the president, secretary, or agent of a corporation holding a license, or in the membership of any partnership holding a license, a true and full statement of the change, sworn to in the manner required by this Article in the case of the original application, shall be filed with the Commissioner within 90 days of the change.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 53. Regulation of Financial Services § 53-170. Locations; change of ownership or management - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-53-regulation-of-financial-services/nc-gen-st-sect-53-170/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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