Place of business

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No licensee shall make any loan or transact any business provided for by this subchapter under any other name, or at or from any other place of business than stated in the license, except, that nothing shall prevent the making of loans, otherwise authorized under this subchapter, by mail or prohibit accommodations to individual borrowers necessitated by sickness or emergency. Not more than one place of business for the making of loans pursuant to this subchapter shall be maintained under the same license, but the Banking Board may issue additional licenses to the same licensee under compliance with all the provisions of this subchapter covering issuance of a single license. No change in the location of a licensed business shall take place to a location outside the city or town specified in the license without the written approval of the Banking Board.


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