N.Y. Banking Law § 555: License

§ 555. License. 1. No person except a lending institution or an

authorized insurer shall engage in the business of a premium finance

agency without a license therefor obtained from the superintendent, as

provided in this article.

2. Application for license required under this article shall be in

writing, and in the form prescribed by the superintendent.

3. When an applicant has more than one office, separate applications

for license shall be made for each such office.

4. At the time of filing an application for a license, the applicant

shall pay to the superintendent an investigation fee. The investigation

fee shall be as prescribed pursuant to section eighteen-a of this

chapter, except that, when an applicant files applications for licenses

for three or more offices at the same time, the total investigation fee

for all the applications shall be three times the amount prescribed

pursuant to section eighteen-a of this chapter.