Regulatory Alerts2013-10-01
Amendment of License – Deferred Presentment Services Act
The Bureau of Loans, under Supervisor Scott Corscadden, mandates that any amendment to a deferred presentment services license requires prior written approval. Licensees must submit a written request and the current license for changes such as location or trade name. Failure to obtain this approval may result in a fine not exceeding $500.00.
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