1. The Commissioner shall not require an applicant for a license to establish a new depository institution to identify in the application for the license the physical address where the main office of the proposed depository institution will be located. 2. The Commissioner may require an applicant for a license to establish a new depository institution to: (a) Identify in the application for the license the location, described in general terms, where the main office of the proposed depository institution will be located; and (b) Provide to the Commissioner the physical address of the main office of the proposed depository institution before the depository institution commences business.
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