Which of the following is false regarding branch managers?

• A. A branch manager may supervise only one branch office
• B. A branch manager may serve as the manager for up to three licensed branch offices
• C. A branch manager must be licensed
• D. A branch manager is responsible for branch compliance

Answer: (B)

The key idea here is how a branch manager’s role and licensing are scoped. In Utah mortgage practice, a branch manager must be licensed and is responsible for the operations and compliance of the branch they oversee. They oversee the branch’s daily activities and ensure adherence to applicable laws and internal policies.

The statement that is false is that a branch manager may serve as the manager for up to three licensed branch offices. In this framework, a branch manager is limited to overseeing a single branch office, not multiple branches. That restriction helps maintain clear accountability and effective oversight.

The other points are correct: a branch manager must be licensed, and they are responsible for branch compliance.