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New York · Through 2026-09-11

N.Y. General Business Law § 421: Application for licenses

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Where this section sits in the code
  1. General Business Law
  2. Article 27-A. Licensing of Coin Processors

§ 421. Application for licenses. 1. Application for a license required

under this article shall be in writing, under oath, and in the form

prescribed by the secretary, and shall contain the following:

a. The exact name and the address of the applicant and its date of

incorporation;

b. The name and the business and residential address of each principal

and officer of the applicant;

c. The complete address where the business of the applicant is to be

conducted, showing the street and number, if any, post office and

building and room number, if any, the office building and room number,

if any, and the municipality and county;

d. If the applicant has one or more branches, subsidiaries or

affiliates operating in the state, the complete address of each such

place of business; and

e. A complete set of two fingerprint cards for each principal and

officer of the applicant on a standard fingerprint card approved by the

division and a fee pursuant to subdivision eight-a of section eight

hundred thirty-seven of the executive law, and amendments thereto, for

the cost of the division's full search and retain procedures, which fee

shall be remitted by the department to the division for deposit by the

comptroller into the general fund. Before approving such application the

secretary, or his or her designee, shall forward one copy of such

fingerprint card and the processing fee to the division upon receipt of

such fingerprints. The division shall forward to the secretary a report

with respect to the applicant's previous criminal history, if any, or a

statement that the applicant has no previous criminal history according

to its files. If additional copies of fingerprints are required the

applicant shall furnish them upon request.

2. Upon original application for a license to operate as a coin

processor, the applicant shall pay an application fee, in such amount as

may be determined by the secretary, not to exceed three hundred dollars.

Upon application for a license renewal, the licensee shall pay a renewal

processing fee in such amount as shall be determined by the secretary,

not to exceed three hundred dollars.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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