N.Y. General Business Law § 89-fff: Licensing

§ 89-fff. Licensing. 1. Each license issued under this article shall

state the address or addresses at which the business is to be conducted

and shall state fully the name of the licensee, and the date and place

of its incorporation or organization, as applicable, and the expiration

date of the license. A copy of such license shall be prominently posted

in each place of business of the licensee. Such license shall not be

transferable or assignable.

2. In the event the location at which the business is to be conducted

shall be changed, the licensee shall forthwith notify the secretary in

writing, who shall thereupon without charge attach to the license a

rider setting forth such changed location.

3. In the event that there shall be any changes among the principals

or officers of any licensee, the licensee shall forthwith notify the

secretary in writing, of the name and address of each new principal or

officer, and shall submit a complete set of two fingerprint cards, and

the appropriate fee, for each such principal or officer in accordance

with the provisions of paragraph e of subdivision one of section

eighty-nine-ddd of this article.

4. Prior to the sale or transfer of all or the majority of the stock

or assets of any armored car carrier, the new principals or officers of

the purchaser or transferee shall apply for a new license with the

department in accordance with the provisions of sections eighty-nine-ddd

and eighty-nine-eee of this article. Such application shall be made at

least sixty days prior to such sale or transfer. If the purchaser or

transferee is an existing licensee under this article, then such

licensee need not reapply for licensure hereunder, but shall notify the

department in writing of such purchase or transfer at least sixty days

prior thereto.

5. A license granted under the provisions of this article may be

renewed by the department upon the application therefor by the licensee,

in such form as the department may prescribe, accompanied by the

nonrefundable renewal processing fee pursuant to subdivision two of

section eighty-nine-ddd of this article. In no event shall renewal be

granted more than six months after the date of expiration of a license.

No individual, partnership, association, limited liability company,

corporation, or any other entity shall engage in the business of

providing armored car services subject to this article during any period

which may exist between the date of expiration of a license and the

renewal thereof.