There is a newer version
of
the New York Laws
2017 New York Laws
BNK - Banking
Article 12-C - Budget Planners
579 - Doing Business Without License Prohibited.
Universal Citation: NY Banking L § 579 (2017)
579. Doing business without license prohibited. Only a charitable corporation as defined in paragraph (a) of section one hundred two (Definitions) of the not-for-profit corporation law of this state, or an entity incorporated in another state and having a similar not-for-profit status, shall engage in the business of budget planning as defined in subdivision one of section four hundred fifty-five of the general business law of this state except as authorized by this article and without first obtaining a license from the superintendent.
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