New Jersey Statutes
§ 17:11C-3 — License required for consumer lender, sales finance company.
New Jersey § 17:11C-3
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:11C-3 (License required for consumer lender, sales finance company.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 17:11C-3 (2026).
Text
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.
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Nearby Sections
15
§ 17:11C-1
Short title amended.§ 17:11C-11
Issuance, surrender, expiration of license.§ 17:11C-12
Approval of transfer, sale.§ 17:11C-16
Net worth requirements for consumer lenders§ 17:11C-17
Change of address notice.§ 17:11C-18
Commissioner's authority relative to issuance, revocation, oversight of licenses, enforcement.§ 17:11C-2
Definitions regarding licensed lenders.§ 17:11C-21
Purchase of insurance by borrowers.§ 17:11C-35
Limits on closed-end consumer loansCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:11C-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17%3A11C-3.