Section 17:9A-453 - Transaction of business by commercial lending companya. No commercial lending company shall transact business in this State except at an office it is licensed to establish and at which it is permitted by sections 72 through 78 of P.L. 1996, c. 17(C.17:9A-453 through C.17:9A-459) to transact such business.b. Subsection a. of this section shall not prohibit:(1) Any commercial lending company from carrying on the activities described in paragraph (2) of N.J.S. 14A:13-3;(2) Any commercial lending company from making in this State loans secured by liens on real or personal property located in this State or enforcing those loans in this State; or(3) Any commercial lending company from transacting trust business in this State so long as the trust business is not conducted from any office or location in this State and that trust business is limited to trust business permitted by, and conducted pursuant to a certificate of authority issued by the commissioner in accordance with subsection B. of section 316 of P.L. 1948, c.67 (C.17:9A-316).c. No person shall establish an office in this State for a commercial lending company unless the commercial lending company is licensed to transact business in this State. For purposes of this section, if anyone establishes an office to act on behalf of or solicit business for a commercial lending company in this State, the office shall be deemed to be the office of the commercial lending company regardless of whether the business of the commercial lending company is transacted at that office.