# N.J. Stat. § 17:11C-3: License required for consumer lender, sales finance company

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-3

## Section

- **Citation:** N.J. Stat. § 17:11C-3
- **Heading:** License required for consumer lender, sales finance company
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 17 / Chapter 11C / Section 11C-3

## Text

3. a. No person shall engage in business as a consumer lender or sales finance company without first obtaining a license or licenses under this act. b. The department shall issue licenses under this act which specify whether a licensee may act as a consumer lender or a sales finance company. A licensee may not engage in a licensed activity under this act or the "Retail Installment Sales Act of 1960," P.L.1960, c.40 (C.17:16C-1 et seq.), unless the license issued by the department specifies that the licensee may engage in that licensed activity. c. (Deleted by amendment, P.L.2009, c.53) d. (Deleted by amendment, P.L.2009, c.53) L.1996, c.157, s.3; amended 2009, c.53, s.42.

## Nearby sections

- [N.J. Stat. § 17:11C-1 Short title amended.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-1.md)
- [N.J. Stat. § 17:11C-2 Definitions regarding licensed lenders.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-2.md)
- [N.J. Stat. § 17:11C-3 License required for consumer lender, sales finance company.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-3.md)
- [N.J. Stat. § 17:11C-6 Exempt consumer loan business, certain](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-6.md)
- [N.J. Stat. § 17:11C-7 Conditions for issuance of license.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-7.md)
- [N.J. Stat. § 17:11C-8 Application, fee.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-8.md)
- [N.J. Stat. § 17:11C-9 Maintenance of branch offices by licensee.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-9.md)
- [N.J. Stat. § 17:11C-10 Information on license; posting, disposition of license.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-10.md)
- [N.J. Stat. § 17:11C-11 Issuance, surrender, expiration of license.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-11.md)
- [N.J. Stat. § 17:11C-12 Approval of transfer, sale.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-12.md)
- [N.J. Stat. § 17:11C-16 Net worth requirements for consumer lenders](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-16.md)
- [N.J. Stat. § 17:11C-17 Change of address notice.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-17.md)
- [N.J. Stat. § 17:11C-18 Commissioner's authority relative to issuance, revocation, oversight of licenses, enforcement.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-18.md)
- [N.J. Stat. § 17:11C-19 Maintenance of books, accounts, records, documents.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-19.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C11C_S11C-3. Check the current official text before relying on it. Not legal advice.