412:9-500 Prohibitions.

§412:9-500 Prohibitions. Except as otherwise expressly authorized by this chapter or other law, a nondepository financial services loan company shall not solicit, accept, or hold deposits, investment certificates, thrift certificates, or other accounts or instruments identical or similar to a deposit account, nor shall it borrow money in the form of, or issue, promissory notes, […]

412:9-501 Registration of nondepository financial services loan companies with NMLS.

§412:9-501 Registration of nondepository financial services loan companies with NMLS. (a) A nondepository financial services loan company licensed under this chapter is not a mortgage loan originator company as defined in section 454F-1. (b) A nondepository financial services loan company shall register with NMLS if any employee of the nondepository financial services loan company acts […]