45-8-211 - Offices Personnel.

45-8-211. Offices Personnel.

(a)  A licensee shall maintain not less than one (1) office in the state.

(b)  Each office of a licensee, whether within or outside of the state, shall be located in a place that is reasonably accessible to the public.

(c)  A licensee shall maintain at each of its offices personnel who are competent to conduct the business of the office.

(d)  Upon written notice to and consent from the commissioner, a licensee may establish, relocate or close an office, except that no consent shall be required if the licensee is well capitalized.

[Acts 1989, ch. 124, § 11; 1997, ch. 131, § 6.]