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ART. LVIIIA] LOANS——PETTY. 435
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ARTICLE LVIIIA.
LOANS—PETTY.
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1-3. License; fee; bond.
4-7. Expiration of license — not assign-
able; additional bond; revoca-
tion of licence; posting thereof.
8-9. Place of business — change thereof.
10. Investigation by bank commis-
sioner.
11. Books and records.
12. Disposition of fees.
13. False or misleading statements;
penalty.
14. Amount of loan; interest, fees;
when loan void.
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15. Duties of licensee.
16. Actual amount of loan to be stat-
ed; other requirements.
17. Assignment of wages.
18. Prohibition of charge of more than
6% save as authorized herein:
pretended purchases ; services ;
penalties ; loan not enforceable.
19. To what loans this article not ap-
plicable.
20. How article cited and construed.
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1918, ch. 88, sec. 1.
1. No person, co-partnership, or corporation shall engage in the
business of making loans of money, credit, goods, or things in action in
the amount, or to the value, of three hundred dollars ($300) or less,
and charge, contract for or receive a greater rate of interest than six
(6) per centum per annum therefor, without first having obtained a
license from the Bank Commissioner.
1918, ch. 88, sec. 2..
2. Application for such license shall be in writing and shall contain
the full name and address, both of the residence and place of business
of the applicant, and if the applicant is a co-partnership, of every mem-
ber thereof, or if a corporation of each officer thereof, also the county
and municipality, with street and number, if any, where the business
is to be conducted. Every such applicant, at the time of making sucb
application, shall pay to the Bank Commissioner the sum of fifty dol-
lars ($50) as an annual license fee and in full payment of all expenses
of examinations under, and administration of this Article; provided,
that if the license is issued for a period of less than twelve months the
license fee shall be prorated according to the number of months that
said license shall run.
1918. ch. 88, sec. 3.
3. The applicant shall also, at the same time, file with the Bank Com-
missioner a bond in which the applicant shall be the obligor, in the
sum of one thousand dollars ($1,000) with one or more sureties to be
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