63-19-13 - Issuance and duration of license; transfer or assignment of license; transaction of business under different name.
§ 63-19-13. Issuance and duration of license; transfer or assignment of license; transaction of business under different name.
Upon the filing of an application, and the payment of the required fee, the administrator shall issue a license to the applicant to engage in the business of a sales finance company under and in accordance with the provisions of this chapter for a period which shall expire the last day of December next following the date of its issuance. Such license shall not be transferable or assignable. No licensee shall transact any business provided for by this chapter under any other name.
Sources: Codes, 1942, § 8075-06; Laws, 1958, ch. 495, § 16, eff from and after 90 days after passage (approved April 22, 1958).