N.J.S.A. 17:11C-3 — License required for consumer lender, sales finance company.

17:11C-3 License required for consumer lender, sales finance company. 3. a. No person shall engage in business as a consumer lender or sales finance company without first obtaining a license or licenses under this act. b. The department shall issue licenses under this act which specify whether a licensee may act as a consumer lender or a sales finance company. A licensee may not engage in a licensed activity under this act or the "Retail Installment Sales Act of 1960," P.L.1960, c.40 (C.17:16C-1 et seq.), unless the license issued by the department specifies that the licensee may engage in that licensed activity. c. (Deleted by amendment, P.L.2009, c.53) d. (Deleted by amendment, P.L.2009, c.53) L.1996, c.157, s.3; amended 2009, c.53, s.42.

This is the verbatim text of N.J.S.A. 17:11C-3, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.