Code of Massachusetts Regulations
209 CMR - DIVISION OF BANKS AND LOAN AGENCIES
Title 209 CMR 18.00 - Conduct of the business of debt collectors, student loan servicers, and third party loan servicers
Section 18.09 - Office Locations

Universal Citation: 209 MA Code of Regs 209.18

Current through Register 1531, September 27, 2024

(1) Debt Collector Branch Offices. A debt collector licensee who intends to carry on its business at any location in addition to the address on its original license shall submit an application to the Commissioner, in writing, at least 30 days prior to the opening of the branch location. Such application shall contain the address of any such place and such other information as the Commissioner may require.

(2) Student Loan Servicer Branch Offices. A student loan servicer licensee, other than an automatic federal student loan servicer licensee, who intends to operate at any place in addition to its main address on the license shall notify the Commissioner, in writing, not less than 30 days before commencing operation in the additional location. The notification shall include information as required by the Commissioner.

(3) Relocations and Closings. A debt collector licensee, student loan servicer licensee other than an automatic federal student loan servicer, or registered third party loan servicer shall provide thirty days prior written notice of any change or closing of a location to the Commissioner and shall contain such other information as the Commissioner may require.

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