Net branch definition

Net branch means an office at which a licensed money broker allows a separate person that does not hold a valid North Dakota money brokers license to originate loans under the license of the money broker.
Net branch means an office at which a licensed money broker allows a separate
Net branch means an office at which a licensed residential mortgage lender allows a separate person that does not hold a valid North Dakota residential mortgage lender license to originate loans under the license of the residential mortgage lender.

More Definitions of Net branch

Net branch means an office at which a licensed residential mortgage lender allows a

Related to Net branch

  • Factory branch means a branch office maintained by a person for the sale of motor vehicles to

  • BANK'S LONDON BRANCH means the London branch office of Bank.

  • Distributor branch means a branch office similarly maintained by a distributor for the same purposes a factory branch is maintained.

  • M2M Flowgate means Flowgates where constraints are jointly monitored and coordinated as defined and set forth in Schedule D to this Agreement.

  • Branch of a company shall mean a place of business not having legal personality which has the appearance of permanency, such as the extension of a parent body, has a management and is materially equipped to negotiate business with third parties so that the latter, although knowing that there will if necessary be a legal link with the parent body, the head office of which is abroad, do not have to deal directly with such parent body but may transact business at the place of business constituting the extension.