Loan production office -- rulemaking authority

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32-1-222. Loan production office -- rulemaking authority. (1) A bank may:

(a) establish and maintain a loan production office only after giving notice to the department; or

(b) relocate or close a loan production office after giving notice to its customers and the department.

(2) The department may adopt rules to implement this section.

History: En. Sec. 2, Ch. 75, L. 2019.


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