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This entry was published on 2014-09-22
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License form; posting; limitations
§ 494. License form; posting; limitations. 1. Each license issued
under this article shall state the address at which the licensed
business is to be conducted and shall state fully the name of the
licensee and, if the licensee is a copartnership or association, the
names of the members thereof, and if a corporation, the date and place
of its incorporation and the address of its principal place of business.
Such license shall be kept conspicuously posted in the licensee's
specified place of business and shall not be transferable or assignable.

2. Whenever any licensee hereunder changes its place of business to
another location, it shall give immediate written notice thereof to the
superintendent, who shall without charge attach to the license or
endorse on it in writing a record of the change and the date thereof,
which shall be authority for the operation of the business under such
license at such new location.

3. No person, except a licensee, may make any representation, directly
or indirectly, orally or in writing, that he is licensed under this
article, and a licensee may make such a representation only in
connection with the licensee's business as a sales finance company and
in accordance with any rules and regulations of the superintendent.