SUBCHAPTER 03E ‑ LICENSEES UNDER NORTH CAROLINA CONSUMER FINANCE ACT

SECTION .0100 – LICENSING

04 NCAC 03E .0101          APPLICATION

(a)  The application for a consumer finance license shall include information necessary to determine whether an applicant is qualified to hold a consumer finance license pursuant to G.S. 53-168(a) and G.S. 53-169. A copy of the application may be obtained from the agency's website located at https://www.nccob.gov.

(b)  Upon receipt of an application for a consumer finance license, the Commissioner of Banks shall give written notice of the application to all licensees by electronic mail.

(c)  Following an investigation of the application pursuant to G.S. 53-168, the Commissioner of Banks shall either approve or deny the application.

History Note:        Authority G.S. 53‑168; 53-169; 53-170; 53‑185;

Eff. February 1, 1976;

Amended Eff. September 1, 2006; January 1, 1993; August 1, 1978;

Readopted Eff. August 1, 2018;

Amended Eff. March 1, 2021.