N.J. Stat. § 17:16C-59: Continuation of license under former act

Any sales finance company holding a license under the provisions of chapter 419, P.L.1948, approved September 29, 1948, and doing business on the date this act takes effect, shall be considered to have been licensed under and subject to the provisions of this act for the period ending December 31, 1960, at which time it must obtain a license under the provisions of this act.

L.1960, c. 40, p. 163, s. 59.