§ 343 — License provisions; separate license for each place of business; change of location

§ 343. License provisions; separate license for each place of\nbusiness; change of location. 1. A license shall state the address at\nwhich the business is to be conducted and shall state fully the name of\nthe licensee, and if the licensee is a partnership or association, the\nnames of the members thereof, and if a corporation, the date and place\nof its incorporation. A master license shall be kept conspicuously\nposted in the principal place of business of the licensee and a\nsupplemental license shall be conspicuously posted at the location\nidentified in the license. No master or supplemental license shall be\ntransferable or assignable.\n 2. A separate license shall be required for each location at which a\nlicensee makes loans under the provisions of this article. The\nsuperintendent may issue more than one license to the same licensee. For\neach new license, the licensee shall comply with all the requirements\nfor obtaining a license as stated in this article.\n 3. (a) A licensee may change the location of a licensed lender\nbusiness by giving written notice to the superintendent at least thirty\ndays prior to such change. The licensee shall pay to the superintendent\na fee as prescribed pursuant to section eighteen-a of this chapter for\neach change of location and shall provide any information which may be\nrequired regarding the change of location.\n (b) The superintendent shall, if satisfied that there is no reasonable\nobjection to such change of location and upon the surrender of the\nlicense for the location which is being changed, issue a license\ncontaining the information required by subdivision one of this section.\nIf the superintendent shall not be satisfied that such change is in\naccordance with the purposes of this article, the superintendent shall\nrefuse such change of location and notify the licensee of the\ndetermination.\n