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Current as of February 19, 2021 | Updated by FindLaw Staff
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)
Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 11C-3 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-11c-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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