2086 ARTICLE 58A.
An. Code, sec 9. 1918, ch. 88, sec. 9.
9. Whenever the licensee shall change his place of business, he shall
at once give written notice thereof to the Bank Commissioner, who shall
attach to the license his consent in writing to such change.
An. Code, sec. 10. 1918, ch. 88, sec. 10.
10. The Bank Commissioner for the purpose of discovering violations
of this Article, may either personally, or by any person designated by
him, at any time and as often as he may desire, investigate the loans and
business of every licensee and of every person, co-partnership, and cor-
poration by whom or for which any such loan shall be made, whether such
person, co-partnership, or corporation shall act, or claim to act as principal,
agent, or broker, or under, or without the authority of this Article; and
for that purpose he shall have free access to the books, papers, records, safes
and vaults of all such persons, co-partnerships and corporations; he shall
also have authority to examine, under oath, all persons, whomsoever, whose
testimony he may require, relative to such loans, or business.
An. Code, sec. 11. 1918, ch. 88, sec. 11.
11. The licensee shall keep such books and records as in the opinion
of the Bank Commissioner will enable the Bank Commissioner to deter-
mine whether the provisions of this Article are being observed. Every such
licensee shall preserve the records of final entry used in such business,
including cards used in the card system, if any, for a period of at least
two years after the making of any loan recorded therein.
An. Code, sec. 12. 1918, ch. 88, sec. 12.
12. All license fees received under this Article are hereby appropriated
for the uses and purposes thereof and the expenses which may be incurred
in relation to the supervisions of licensees and enforcement of this Article;
any surplus remaining at the end of the fiscal year shall be paid into the
State Treasury, with a statement of receipts and disbursements.
An. Code, sec. 13. 1918, ch. 88, sec. 13.
13. No licensee or other person or corporation shall print, publish, or
distribute or cause to be printed, published or distributed in any manner
whatsoever, any written or printed statement with regard to the rates,
terms or conditions for the lending of money, credit, goods or things in
action, in amounts of three hundred dollars ($300) or less, which is false
or calculated to deceive.
Any person, and the several officers and employees of any corporation,
who shall violate this section shall be guilty of a misdemeanor and upon
conviction thereof shall be punishable by a fine of not more than five
hundred dollars ($500) or by imprisonment of not more than six (6)
months or by both such fine and imprisonment in the discretion of the
Court.
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