Section 480J-31 - License required(a) No person, except those exempt under this chapter, shall act as an installment lender in this State unless licensed to do so by the commissioner.(b) Any loan made in violation of this section is void, and no person shall have the right to collect, receive, or retain any principal, interest, fees, or other charges in connection with the loan.Added by L 2021, c 56,§ 2, eff. 1/1/2022.