2010 New York Code
BNK - Banking
Article 11-B - (491 - 502) SALES FINANCE COMPANIES
494 - License form; posting; limitations.

§ 494.  License  form;  posting;  limitations.  1. Each license issued
  under this article  shall  state  the  address  at  which  the  licensed
  business  is  to  be  conducted  and  shall  state fully the name of the
  licensee and, if the licensee is a  copartnership  or  association,  the
  names  of  the members thereof, and if a corporation, the date and place
  of its incorporation and the address of its principal place of business.
  Such license shall  be  kept  conspicuously  posted  in  the  licensee's
  specified place of business and shall not be transferable or assignable.
    2.  Whenever  any  licensee hereunder changes its place of business to
  another location, it shall give immediate written notice thereof to  the
  superintendent,  who  shall  without  charge  attach  to  the license or
  endorse on it in writing a record of the change and  the  date  thereof,
  which  shall  be  authority for the operation of the business under such
  license at such new location.
    3. No person, except a licensee, may make any representation, directly
  or indirectly, orally or in writing, that  he  is  licensed  under  this
  article,  and  a  licensee  may  make  such  a  representation  only  in
  connection with the licensee's business as a sales finance  company  and
  in accordance with any rules and regulations of the superintendent.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.