N.Y. Banking Law Section 579
Doing business without license prohibited

Only a charitable corporation as defined in paragraph (a) of section one hundred two (Definitions) of the not-for-profit corporation law of this state, or an entity incorporated in another state and having a similar not-for-profit status, shall engage in the business of budget planning as defined in subdivision one of General Business Law § 455 (Definitions)section four hundred fifty-five of the general business law of this state except as authorized by this article and without first obtaining a license from the superintendent.

Source: Section 579 — Doing business without license prohibited, https://www.­nysenate.­gov/legislation/laws/BNK/579 (updated Sep. 22, 2014; accessed Jan. 11, 2025).

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Accessed:
Jan. 11, 2025

Last modified:
Sep. 22, 2014

§ 579’s source at nysenate​.gov

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