(b) No licensee shall make, directly or indirectly, orally or in
writing, by any method, practice or device, any representation that it
is licensed under this chapter, except a representation that such
licensee is licensed as a licensed lender by the New York state
department of financial services.
2. No licensee shall take a lien upon real estate as security for any
loan under the provisions of this article, except such lien as is
created by law upon the recording of a judgment.
3. No licensee shall conduct the business of making loans under the
provisions of this article within any office, room, or place of business
in which any other business is solicited or engaged in, or in
association or conjunction therewith, except (a) a licensee may, after
obtaining any required license, conduct on its premises businesses
authorized under articles eleven-B, twelve-B, twelve-D and thirteen-B of
this chapter, or (b) as may be authorized in writing by the
superintendent upon a finding that such other business would not result
in evasions of this article or of the rules and regulations lawfully
made hereunder.
4. No licensee shall transact such business or make any loan provided
for by this article under any other name or at any other place of
business than that named in the license, except as may be authorized by
the superintendent.
Structure New York Laws
340 - Doing Business Without License Prohibited.
341 - Application for License; Fees; Capital Requirements.
342 - Conditions Precedent to Issuing License; Procedure Where Application Denied.
343 - License Provisions; Separate License for Each Place of Business; Change of Location.
344 - Issuance of License Upon Acquisition of Business of Licensed Lender.
345 - Application for Acquisition of Control of Licensed Lender by Purchase of Stock.
347 - Grounds for Revocation or Suspension of License; Procedure.
348 - Superintendent Authorized to Examine.
349 - Licensee's Books and Records; Reports.
350 - Restrictions Concerning Advertising, Liens on Real Estate, and Places Where Loans Made.
351 - Restrictions on Loans Subject to the Provisions of This Article; Interest; Other Charges.
352 - Acts Required of Licensees; Acts Prohibited.
353 - Limitation on Licensee's Charges on Certain Loans.
354 - Restrictions on Assignments of Compensation for Services.