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RSA 361-A:2 · Licensing of Sales Finance Companies and Retail Sellers Required

Title
XXXIII-A: RETAIL INSTALLMENT SALES
Chapter
361-A · RETAIL INSTALLMENT SALES OF MOTOR VEHICLES
Status
current
Official source linked
Yes
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361-A:2 Licensing of Sales Finance Companies and Retail Sellers Required. –

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I.

Any person not exempt under RSA 361-A:3 that, in its own name or on behalf of other persons, engages in the business of a retail seller or sales finance company in this state or with persons located in this state shall obtain a license under this chapter.

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II.

Obtaining a license under this chapter does not constitute a finding that the commissioner has passed in any way upon the merits or qualifications of such person or that the commissioner has recommended or given approval to any person. It is unlawful to make, or cause to be made, to any prospective buyer, customer, or client any representation inconsistent with the provisions of this section.

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III.

Any license fee required under this chapter shall be paid before a license becomes effective.

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IV.

A person may not use any device, subterfuge, or pretense to evade the requirements of this section. Source. 2024, 330:1, eff. July 1, 2024.

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Source note

Source. 2024, 330:1, eff. July 1, 2024.

Source history

  • 2024, 330:1, eff. July 1, 2024

Related materials

Bill relationships

  • 2026 HB1207 reference · effective 2027-07-01

    5 percent of the total assessment for that year. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation

  • 2026 HB1207-FN reference · effective 2027-07-01

    5 percent of the total assessment for that year. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation

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