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Current as of January 01, 2026 | Updated by Findlaw Staff
The mayor or local licensing authority so licensing such collateral loan broker shall have full power and authority after a hearing to impose fines and penalties of not less than twenty-five dollars nor more than one hundred dollars upon persons offending against any of the foregoing provisions of this article for each and every offense, excepting sections forty and forty-one, and may also suspend or revoke the license of the collateral loan broker willfully violating any of the aforesaid provisions.
Cite this article: FindLaw.com - New York Consolidated Laws, General Business Law - GBS § 51. Violation of this article - last updated January 01, 2026 | https://codes.findlaw.com/ny/general-business-law/gbs-sect-51/
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