§ 31201 Business Name Approval Required

• •A company with a license can't use a different name unless the boss (commissioner) says it's okay.
• •They have to use the exact name they signed up with.
• •If they want to use another name, they must ask first and get permission.

A bank called 'SafeMoney Bank' wants to open a new branch under the name 'QuickCash'.

They can't just do it—they have to ask the commissioner first. If they don’t, they’re breaking the rules.