A licensee shall notify the Commissioner of the opening of any new branch office or the relocation of its principal place of business or of any branch office at least 20 days prior to the effective date of such change.  The notification shall be on a form obtained from the Commissioner.  The notification shall provide an explanation of the reasons for such change and shall be accompanied by a certificate fee for the new branch certificate in the amount of fifty dollars ($50.00).  The Commissioner shall issue a revised branch certificate upon his receipt of the required notification, the satisfactory explanation, and the filing fee, and upon surrender of the licensee's inaccurate certificate.


History Note:        Authority G.S. 53-276; 53-278; 53-279; 53-283; 53-288; 53C-2-1; 53C-2-2;

Eff. July 1, 2000.