Use of business names by licensees
41 Use of business names by licensees
The use of a business name by a licensee is not subject to the approval of the Commissioner but —
a licensee may carry on business as a settlement agent under only one business name which shall be endorsed on his triennial certificate; and
a licensee carrying on the business of a settlement agent under a business name shall, on all correspondence from him in that business, identify the person or persons constituting the licensee.
A licensee who alters the name, style, title or designation under which he carries on business as a settlement agent shall within 14 days after the day on which he first uses that altered name, style, title, or designation in connection with that business give notice in writing to the Commissioner of the altered name, style, title, or designation.
Penalty: $1 000.
[Section 41 amended: No. 59 of 1995 s. 85; No. 58 of 2010 s. 176.]
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