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A CFL licensee wants to open a new branch office. They must:

Correct Answer

D) Obtain prior approval from the DFPI before opening

CFL licensees must obtain prior approval from the DFPI before opening any new branch office location.

Answer Options
A
Simply notify the DFPI within 30 days
B
No notification is required for branch offices
C
File a new license application for the branch
D
Obtain prior approval from the DFPI before opening

Why This Is the Correct Answer

CFL licensees must obtain prior approval from the DFPI before opening any new branch office location.

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