License Expiration

The initial license term shall begin on the day the application is approved. The license shall expire on December 31st of the year in which the license term began, unless the initial license date is between November 1st and December 31st, in which instance the initial license term shall run through December 31st of the following year. 44:11 Compliance with Other Laws Compliance with any applicable provisions of the Bank Secrecy Act, 31 CFR Chapter X, the Electronic Fund Transfer Act, 12 CFR Part 1005 (Regulation E) and the corresponding Appendices and Official Interpretations, which do not conflict with M.G.L. c. 169B, 209 CMR 44.00 or an advisory ruling of the Commissioner, shall be deemed to be compliance with M.G.L. c. 169B, and 209 CMR 44.00.