- (a) A licensee shall not conduct business or make a loan subject to regulation under this part under any other name or at any other place of business than as specified in its license.
- (b) Mortgage loan originators and employees of licensees may work remotely through a licensed location without being physically present at such location, provided the mortgage loan originator or employee is assigned to a licensed location, is adequately supervised by the licensee, and the licensee and the mortgage loan originator or employee meet such additional conditions as the Commissioner may require.
- (c) This section does not apply to a commercial loan made to a borrower located outside Vermont for use outside Vermont.
(Added 2019, No. 20, § 2; amended 2021, No. 25, § 7, eff. May 12, 2021.)