§ 423. Licensing.
1.Each license issued under this article shall\nstate the address or addresses at which the business is to be conducted\nand shall state fully the name of the licensee, and the date and place\nof its incorporation and the expiration date of the license. A copy of\nsuch license shall be prominently posted in each place of business of\nthe licensee. Such license shall not be transferable or assignable.\n 2. In the event the location at which the business is to be conducted\nshall be changed, the licensee shall forthwith notify the secretary in\nwriting, who shall thereupon without charge attach to the license a\nrider setting forth such changed location.\n 3. In the event that there shall be any change among the principals or\nofficers of any licensee, the licensee sha
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§ 423. Licensing. 1. Each license issued under this article shall\nstate the address or addresses at which the business is to be conducted\nand shall state fully the name of the licensee, and the date and place\nof its incorporation and the expiration date of the license. A copy of\nsuch license shall be prominently posted in each place of business of\nthe licensee. Such license shall not be transferable or assignable.\n 2. In the event the location at which the business is to be conducted\nshall be changed, the licensee shall forthwith notify the secretary in\nwriting, who shall thereupon without charge attach to the license a\nrider setting forth such changed location.\n 3. In the event that there shall be any change among the principals or\nofficers of any licensee, the licensee shall forthwith notify the\nsecretary in writing, of the name and address of each new principal or\nofficer, and shall submit a complete set of two fingerprint cards for\neach such principal or officer in accordance with the provisions of\nparagraph e of subdivision one of section four hundred twenty-one of\nthis article.\n 4. Prior to or upon the sale or transfer of all or the majority of the\nstock or assets of any coin processor, the new principals or officers\nshall apply for a new license with the department in accordance with the\nprovisions of section four hundred twenty-one and section four hundred\ntwenty-two of this article. Such application shall be made within sixty\ndays of such sale or transfer.\n 5. A license granted under the provisions of this article may be\nrenewed by the department upon application therefor by the licensee, in\nsuch form as the department may prescribe, accompanied by the\nnon-refundable renewal processing fee pursuant to subdivision two of\nsection four hundred twenty-one of this article. In no event will\nrenewal be granted more than six months after the date of expiration of\na license. No person, firm, company, partnership or corporation shall\ncarry on any business subject to this article during any period which\nmay exist between the date of expiration of a license and the renewal\nthereof.\n