Rhode Island General Laws
Chapter 19-14 - Licensed Activities
Section 19-14-12. - Place of business — Branch offices — Name changes.

§ 19-14-12. Place of business — Branch offices — Name changes.
(a) Additional places of business may be maintained under the same license upon written application to the director, or the director’s designee, for the establishment of an additional branch office. A separate application must be filed for each additional branch office being requested. At the time of the application, the licensee shall pay to, and for the use of, the state an investigation fee as provided for in § 19-14-3. Upon the filing of the application, the director, or the director’s designee, shall investigate the facts, and if he or she finds that the requirements for licensure have been met, the director, or the director’s designee, shall grant authority for the operation of the business under the license at the branch location. If the director, or the director’s designee, shall not so find, he or she shall deny the licensee permission to establish the branch location in a manner consistent with the licensing application process. Upon approval of a branch location request, the licensee shall pay an additional annual licensing fee for each branch location in the manner consistent with the licensing application process.
(b) Whenever a licensee wishes to change his or her place of business or branch location to a street address other than that designated in the license, the licensee shall notify the director, or the director’s designee, in the manner directed by the director, or the director’s designee, prior to conducting business at that location. Unless the director, or the director’s designee, finds that the new location is not in the best interests of the public, the director, or the director’s designee, will reflect the change in the records of the department. At the time of notification, the licensee shall pay to the state the sum of fifty dollars ($50.00) as a processing fee.
(c) No licensee shall transact the business provided for by this chapter under any other name than that named in the license or branch certificate. Whenever a licensee shall wish to change the name, the licensee shall make written application to the director, or the director’s designee. If the director, or the director’s designee, shall find that the change of name is appropriate and all requirements for the name change have been met by the licensee, the director, or the director’s designee, shall approve the change and reflect the new name in the records of the department. At the time of application for change of name, the licensee shall pay to, and for the use of, the state the sum of fifty dollars ($50.00) as a processing fee.
History of Section.P.L. 1995, ch. 82, § 52; P.L. 2014, ch. 106, § 3; P.L. 2014, ch. 125, § 3.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 19 - Financial Institutions

Chapter 19-14 - Licensed Activities

Section 19-14-1. - Definitions.

Section 19-14-2. - Licenses required.

Section 19-14-3. - Application for license.

Section 19-14-4. - Annual fee.

Section 19-14-5. - Minimum capital.

Section 19-14-6. - Bond of applicant.

Section 19-14-7. - Issuance or denial of license.

Section 19-14-8. - Denial of license due to incomplete application.

Section 19-14-9. - Contents of license.

Section 19-14-10. - Agent for service of process.

Section 19-14-11. - Prohibition or transfer or assignment of license.

Section 19-14-12. - Place of business — Branch offices — Name changes.

Section 19-14-13. - Revocation of license.

Section 19-14-14. - Revocation by default.

Section 19-14-15. - Suspension of license.

Section 19-14-16. - Surrender of license.

Section 19-14-17. - Contracts unimpaired by revocation, suspension, or surrender of license.

Section 19-14-18. - Reinstatement of license.

Section 19-14-19. - Filing findings on revocation or suspension.

Section 19-14-20. - Books, accounts, and records.

Section 19-14-21. - Advertising and misrepresentations.

Section 19-14-22. - Reporting requirements.

Section 19-14-23. - Examinations and investigations.

Section 19-14-24. - Tying with other business.

Section 19-14-25. - Transactions and place of business limited by license — Remote locations.

Section 19-14-26. - Penalty for violations.

Section 19-14-26.1. - Additional penalties.

Section 19-14-27. - Modification or repeal of chapter.

Section 19-14-28. - Appeal from director.

Section 19-14-29. - Appropriations — Fees.

Section 19-14-30. - Rules and regulations.

Section 19-14-31. - Pre-existing contracts.

Section 19-14-32. - Severability.

Section 19-14-33. - Compliance with federal law governing licensed activities.

Section 19-14-34. - Resident agent — Loss payee.