2016 New Jersey Revised Statutes
Title 17 - Corporations And Institutions For Finance And Insurance
Section 17:11C-10 - Information On License; Posting, Disposition Of License.

NJ Rev Stat § 17:11C-10 (2016) What's This?

17:11C-10 Information on license; posting, disposition of license.

10. a. The consumer lender or sales finance company license shall state the name of the licensee and the licensee's place of business or businesses, as applicable, and shall contain any other information as the commissioner may see fit to require. No licensee shall transact business regulated by the "New Jersey Consumer Finance Licensing Act," sections 1 through 49 of P.L.1996, c.157 (C.17:11C-1 et seq.) or the "Retail Installment Sales Act of 1960," P.L.1960, c.40 (C.17:16C-1 et seq.) under any name other than that named in the license.

b.The license shall be posted conspicuously in the place or places of business of the licensee.

c.A licensee or any other person shall not photocopy or otherwise reproduce the license except for legitimate business purposes.

d.Licenses issued pursuant to this act or, previously, the "Retail Installment Sales Act of 1960," P.L.1960, c.40 (C.17:16C-1 et seq.), shall not be transferable or assignable, other than as provided by section 12 of this act.

e.No licensee shall change the name or address of the licensee's place or places of business without notice to the commissioner.

L.1996, c.157, s.10; amended 2009, c.53, s.46.

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