Title 3 Banking - Chapter III Superintendent's Regulations - Subchapter B. Non-Banking Organizations - Part 402 Budget Planners - s 402.4 Duration of qualifier experience.


Published: 2021-01-15

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If at any time the licensee ceases to be in compliance with the requirement of section 402.2(b)(11) of this Part, it shall notify the superintendent within 10 calendar days of such noncompliance. Within three calendar days of making such notification, the licensee shall submit to the superintendent, the name and qualifications of any other director, whether or not a member of the governing board, who has been engaged by the licensee to satisfy the requirements of section 402.2(b)(11) of this Part.