A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. Statutes frequently require that a person obtain a license before practicing certain professions such as law or medicine, or before carrying on a particular business such as that of a real estate broker or stock broker. If the license is required to protect the public from unqualified persons, an assignment of that license to secure a loan would probably not be enforceable.
New York Assignment of Business License as Security for a Loan
Category:
State:
Multi-State
Control #:
US-01467BG
Format:
Word;
Rich Text
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How to fill out Assignment Of Business License As Security For A Loan?
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Need something else? New York State agencies issue most of the licenses or certifications required to practice a profession. The New York State Department of State (DOS) maintains an online list of all professions requiring a license.
Steps to Getting Your New York Business License Apply through the New York Business Express Business Wizard site to determine which licenses and permits you need. Go to the issuing agency to apply for the right license. Complete the application for a sales tax certificate on the New York Business Express portal.
In addition to registering, some businesses must get licenses or permits to conduct business in New York State. Here is a list of additional resources for you to use.
License period All business registrations and Inspection Station licenses are valid for 2 years.
Visit the NYS Business Wizard to determine the requirements for your business and apply for the right license or permit. Sole proprietorships and general partnerships file in the county where they're located. Business Corporations file a Certificate of Incorporation with the Department of State.