Code of Massachusetts Regulations
209 CMR - DIVISION OF BANKS AND LOAN AGENCIES
Title 209 CMR 45.00 - The Licensing and Regulation of Money Services Businesses
Section 45.15 - License Disclosure
Universal Citation: 209 MA Code of Regs 209.45
Current through Register 1531, September 27, 2024
(1) A licensee shall disclose the type and number of its license(s) in all advertisements used in the Commonwealth which advertise or refer to the licensed business; however, 209 CMR 45.15(1) shall not apply to an Internet banner advertisement or pop-up advertisement.
(2) A licensee shall prominently post the official letter of license issuance, or an authorized copy thererof issued by the Commissioner, in its place of business. No licensee shall operate under a name other than the name on the license issued by the Commissioner.
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