The regulation 21.3 states in part that: "(b)Each national bank shall have, at a minimum, the following security devices: (4) An alarm system or other appropriate device for promptly notifying the nearest responsible law enforcement officers of an attempted or perpetrated robbery, burglary or larceny;"
My question is does this apply to mortgage loan production offices. We have a mortgage loan production office in a commercial building and the rented out office does not have an alarm system in it. Is it necessary?