§ 582. License provisions.

128 words·~1 min read·/ny/banking/budget-planners/582

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 582. License provisions. Each license issued under this article

shall state the address or addresses at which the business is to be

conducted and shall state fully the name of the licensee, and the date

and place of its incorporation. A copy of such license shall be

prominently posted in each place of business of the licensee. Such

license shall not be transferable or assignable. In the event the

location at which the business is to be conducted shall be changed, the

licensee shall forthwith notify the superintendent who shall thereupon

without charge attach to the license a rider setting forth such changed

location. Each licensee, within ninety days of the close of the

licensee's fiscal year, shall submit an independently audited financial

statement to the superintendent.