N.H. Rev. Stat. § 361-A:2

Current through Chapter 381 of the 2024 Legislative Session

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

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.

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.

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

IV. A person may not use any device, subterfuge, or pretense to evade the requirements of this section.

RSA 361-A:2

Amended by 2024, 330:1, eff. 7/1/2024.

Amended by 2021 , 194: 2, eff. 10/9/2021.

Amended by 2018 , 318: 28, eff. 8/24/2018.

Amended by 2014 , 204: 15, eff. 7/11/2014.

1961, 193:1. 1977, 563:4. 1985, 55:3. 1988, 220:2. 1995, 63:3; 159:1; 253:1. 1997, 322:2-5. 2003, 129 : 4 . 2004, 139 : 3 , 4. 2005, 255 : 38 , 39, 76. 2006, 303 : 5 , 6. 2008, 205 : 3 , 61, eff. Aug. 15, 2008. 2009, 204 : 5 , 34, 35, eff. Sept. 13, 2009. 2014, 204 : 15 , eff. July 11, 2014. 2018, 318 : 28 , eff. Aug. 24, 2018. 2021, 194 : 2 , eff. Oct. 9, 2021.