§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]