What are the requirements for an unincorporated branch office and one that is separately incorporated?
A branch office is any office in the United States maintained by or under the control of a licensee, performing OTI services, that operates under a common corporate charter. Individual unincorporated branch offices are not required to be licensed provided that they have been reported to the Commission and are covered by increased financial responsibility. A separately incorporated branch office is one operating under a separate corporate charter from its parent or affiliated licensee. Each separately incorporated branch office must provide its own proof of financial responsibility and be separately licensed, but may have the same qualifying individual. If my headquarters office does not perform OTI services, but my unincorporated branch office performs those services, can I only report the branch office and provide financial responsibility for that office only? No. Even though the headquarters office does not provide OTI services, its address must appear on the financial responsibility
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