§ 89-ccc. Doing business without a license prohibited. 1. No individual, partnership, association, limited liability company, corporation, or any other entity, shall operate in the state as an armored car carrier or provide armored car services, or hold themselves out as an armored car carrier or provider of armored car services, except as authorized by this article and without first being licensed by the department. No armored car carrier shall employ any armored car guard who does not possess a conditional letter of authority or a valid registration card in accordance with the provisions of article eight-C of this chapter.

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Terms Used In N.Y. General Business Law 89-CCC

  • Armored car carrier: means any individual, partnership, association, limited liability company, corporation, or any other entity, engaging in the business of providing armored car services for hire. See N.Y. General Business Law 89-BBB
  • Armored car guard: has the meaning ascribed to that term by subdivision eight of section eighty-nine-ppp of this chapter. See N.Y. General Business Law 89-BBB
  • Armored car services: means engaging in the business of providing secured transportation, protection and safeguarding of valuable cargo from one place or point to another, including the provision of cash services for automated teller machines, by means of specially designed and constructed bullet-resistant armored vehicles and armored car guards. See N.Y. General Business Law 89-BBB
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the department of state. See N.Y. General Business Law 89-BBB
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

2. Notwithstanding the provisions of subdivision one of this section, each armored car carrier engaging in the business of providing armored car services in the state as of the effective date of this section, may continue to provide such services until the one hundred eightieth day after this section shall have taken effect. No armored car carrier shall provide armored car services after such date which has not complied with the provisions of this article and article eight-C of this chapter.