Current through L. 2024, c. 87.
Section 17:16C-4 - Issuance or refusal of licenseWithin 60 days after the filing of the application and the payment of the fees hereinafter set forth the commissioner shall either:
(a) Issue and deliver to the applicant a license to engage in the business of a sales finance company or a motor vehicle installment seller in accordance with the provisions of this act at the location specified in the said application; or(b) Refuse to issue the license for any reason for which he may suspend, revoke or refuse to renew any license under section 10 of this act.L.1960, c.40, p.146, s.4.