209 CMR 45.08

Office Locations

Year: 2026Length: 94 wordsOfficial source
(1) Office Locations. A Licensee shall obtain a separate license in order to conduct business at another location. (2) Security. A Licensee shall maintain adequate security for the protection of its customers’ funds and for the safety of its customers and employees. (3) Relocations and Closings. A Licensee shall obtain the Commissioner's prior written approval of any change in or closing of a Massachusetts location. Written applications to the Commissioner shall be submitted through the NMLS prior to any such change or closing and shall contain such other information as the Commissioner may require.