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.
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Net branch means an office at which a licensed money broker allows a separate
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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.
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Examples of Net branch in a sentence

  • It specifies that the Net branch holds full responsibility, including all financial transactions, for the account.

  • Exhibit B is used when client wishes to “sponsor” or add an additional Net branch to be covered under their existing executed AFS.


More Definitions of Net branch

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

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

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

  • 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.

  • Head Office means such office of the Company as the Directors may from time to time determine to be the principal office of the Company;

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • Control Centre means the central facility of the Cycle Sharing System used mainly for service monitoring, operations control, and customer service. It is the location for collecting, storing, consolidating, processing the information obtained from various elements of the Cycle Sharing System as well as from users, agents, employees, and service providers.

  • CGMI means Citigroup Global Markets Inc.