§412:9-101 Necessity for financial services loan company license. Except as expressly permitted by federal law or this chapter, no person shall engage in any activity for which a license to operate as a financial services loan company is required by this chapter, including without limitation, making loans and extensions of credit where the interest charged, contracted for, or received is in excess of rates permitted by law other than this article, the use of the term "financial services loan company", or the exercise of such other powers or privileges restricted to financial services loan companies under applicable law unless it is a corporation incorporated in this State and has such a license; provided that a nondepository financial services loan company shall not be required to be incorporated in this State. [L 1993, c 350, pt of §1; am L 1996, c 63, §6; am L 2002, c 40, §32]
Section: Previous 412-8-301 412-8-302 412-8-400 412-8-401 412-8-402 412-8-403 412-9-100 412-9-101 412-9-102 412-9-103 412-9-200 412-9-201 412-9-202 412-9-300 412-9-301 NextLast modified: October 27, 2016