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  3. Banking Law
  4. Art. 9

Article 9
Licensed Lenders

Sections

340
Doing business without license prohibited
341
Application for license
342
Conditions precedent to issuing license
343
License provisions
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
348
Superintendent authorized to examine
349
Licensee's books and records
350
Restrictions concerning advertising, liens on real estate, and places where loans made
351
Restrictions on loans subject to the provisions of this article
352
Acts required of licensees
353
Limitation on licensee's charges on certain loans
354
Restrictions on assignments of compensation for services
355
Solicitation of loans
356
Restrictions on certain loans by non-licensees, interests, other charges
357
Insurance
358
Penalties
359
Authority of superintendent
360
Short title
361
Severability
 



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Location: https://newyork.public.law/laws/n.y._banking_law_article_9

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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