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City of Glen Cove, NY
Nassau County
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Table of Contents
Table of Contents
No person shall carry on the business of collateral loan broker within the city without first obtaining a license from the City Clerk.
Any person desiring to procure a license as herein provided shall file with the City Clerk a written application upon a form furnished by the city, and shall file at the same time satisfactory proof of good character. Such application shall state the name of the applicant, his or her place of residence for a period of five years prior to the date of the application, and shall contain such other information as the City Clerk may require to determine the qualifications of the applicant.
A. 
Authority of issuing officer. Upon the filing of the application and proof of character as provided in § 205-2, the City Clerk upon his or her approval of such application shall issue the license as provided in § 205-1, signed by the City Clerk. Except as hereinafter provided, no license shall be refused except for a specific reason and for the protection of the public safety, morals or general welfare.
B. 
Registry of licenses. All licenses shall be issued from a properly bound book with proper reference stubs kept for that purpose, numbered in the order in which the licenses are issued, and shall state clearly the purpose of the license, the date of issuance, the fee paid, the name and address of the licensee and the address where the business is to be conducted.
The license fee shall be as set forth from time to time by the City Council.[2]
[1]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I).
[2]
Editor's Note: The fee schedule is on file in the city offices.
A license issued hereunder shall not be assignable. Any holder of such license who permits it to be used by any other person, and any person who uses such license granted to any other person, shall each be guilty of a violation of this article.
A license issued hereunder shall expire one year from its date of issuance.
[1]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I).
Every license issued hereunder may be revoked or suspended by the City Clerk as provided in § 184-2 of Ch. 184, Licensing.
No applicant to whom a license has been refused or who has had a license which has been revoked shall make further application until a period of at least six months shall have elapsed since the last previous rejection or revocation, unless he or she can show that the reason for such rejection or revocation no longer exists.
Every collateral loan broker shall keep a record of the names and addresses of the customers, date of transaction, amount loaned and description of the articles upon which a loan is made, which record shall be kept open to the inspection of any police officer of the city.