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Vermont Statutes Title 8 Sec. 2208 - Additional places of business; change of place of business; change of management or control

Vermont Statutes > Title 8 > Chapter 73 > § 2208 - Additional places of business; change of place of business; change of management or control


Current as of: 2010

(a) 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 lender, mortgage broker, or sales finance company licensee upon compliance with all the provisions of this chapter governing an original issuance of a license.

(b) Any change of location or closing of a place of business of the licensee shall require 30 days' prior written notice thereof to the commissioner. Notice of such change of location shall be accompanied by a fee of $100.00. Upon receipt of notice and fee, the commissioner shall attach to the license in writing the commissioner's record of the change and the date thereof, which shall be authority for the operation of such business under such license at such new location.

(c) The licensee shall notify the commissioner of any change in control of the licensee, and of every change in senior management personnel, and of every change in membership of the board of directors or control persons of the licensee within 30 days of such change. (Amended 1987, No. 117, § 5; 1995, No. 162 (Adj. Sess.), § 9, eff. Jan. 1, 1997; 2009, No. 29, § 1.)

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Vermont Laws: Lending

Vermont Statutes > Title 8 > Chapter 73 - Licensed Lenders
Vermont Statutes > Title 8 > Chapter 85 - Loan Servicers

Vermont Laws: Lending

Vermont Statutes > Title 8 > Chapter 73 - Licensed Lenders
Vermont Statutes > Title 8 > Chapter 85 - Loan Servicers

U.S. Code Provisions: Lending

U.S. Code > Title 12 > Chapter 7B - Regional Agricultural Credit Corporations
U.S. Code > Title 12 > Chapter 8 - Adjustment And Cancellation Of Farm Loans
U.S. Code > Title 12 > Chapter 10 - Local Agricultural-Credit Corporations, Livestock-Loan Companies And Like Organizations; Loans To Individuals To Aid In Formation Or To Increase Capital Stock
U.S. Code > Title 12 > Chapter 11 - Federal Home Loan Banks
U.S. Code > Title 12 > Chapter 23 - Farm Credit System
U.S. Code > Title 12 > Chapter 40 - International Lending Supervision
U.S. Code > Title 12 > Chapter 42 - Low-Income Housing Preservation And Resident Homeownership
U.S. Code > Title 15 > Chapter 45 - Emergency Loan Guarantees To Business Enterprises

Federal Regulations: Lending

U.S. Code > Title 12 > Chapter 7B - Regional Agricultural Credit Corporations
U.S. Code > Title 12 > Chapter 8 - Adjustment And Cancellation Of Farm Loans
U.S. Code > Title 12 > Chapter 10 - Local Agricultural-Credit Corporations, Livestock-Loan Companies And Like Organizations; Loans To Individuals To Aid In Formation Or To Increase Capital Stock
U.S. Code > Title 12 > Chapter 11 - Federal Home Loan Banks
U.S. Code > Title 12 > Chapter 23 - Farm Credit System
U.S. Code > Title 12 > Chapter 40 - International Lending Supervision
U.S. Code > Title 12 > Chapter 42 - Low-Income Housing Preservation And Resident Homeownership
U.S. Code > Title 15 > Chapter 45 - Emergency Loan Guarantees To Business Enterprises
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