3 Alaska Admin. Code § 14.435

Current through September 25, 2024
Section 3 AAC 14.435 - Shared business location

A mortgage licensee, a registered exempt bona fide nonprofit organization, or a registered depository institution may share office space with another business if each business

(1) has office space and signage that are sufficiently separate and distinct for a reasonable customer to understand which business the customer is transacting business with at all times;
(2) operates as a separate legal entity with distinct personnel; and
(3) maintains separate accounts, books, and records.

3 AAC 14.435

Eff. 7/1/2008, Register 186; am 12/4/2010, Register 196; am 1/1/2017, Register 220, January 2017; am 2/6/2020, Register 233, April 2020

Authority:AS 06.60.015

AS 06.60.110

AS 06.60.910