Section 370. Restrictions as to place or area of doing business; establishment of stations; change of location  


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  • 1. No more than one place  of business or one mobile  unit  shall  be  maintained  under  the  same
      license;  provided, however, that more than one license may be issued to
      the same licensee upon compliance with the provisions  of  this  article
      for each new license.
        2.  Any  licensed  casher of checks may open and maintain, within this
      state, one or more limited stations for the purpose of  cashing  checks,
      drafts  or  money orders for the particular group or groups specified in
      the license authorizing  each  such  station.  Such  stations  shall  be
      licensed  pursuant  to  and  be  subject  to  all the provisions of this
      chapter applicable to licensed cashers of checks, except that  (a)  such
      station  shall  not  be  subject to the distance limitation set forth in
      subdivision one of section three hundred sixty-nine of this article, (b)
      the fee for investigating the application for  a  station  shall  be  as
      prescribed pursuant to section eighteen-a of this chapter, and (c) where
      such  a  station  is  at  the  premises  of a specified employer for the
      purpose of cashing checks, drafts and money orders for the employees  of
      such  employer,  the fees and charges for cashing such checks, drafts or
      money orders shall not be subject to the limitations of subdivision  one
      of  section  three  hundred seventy-two of this article if such fees and
      charges are paid by such employer.
        3. A licensee may make a written application to the superintendent for
      leave to change his or her place of business, or in the case of a mobile
      unit, the area in which such unit is authorized to be operated,  stating
      the  reasons  for such proposed change. Such application may be approved
      for relocation from a site within three-tenths  of  a  mile  of  another
      licensee  to  another  site  within three-tenths of a mile of such other
      licensee provided that such new  site  is  farther  from  such  existing
      licensee than the site from which permission to relocate is sought. Only
      in  situations in which a licensee seeks to change its place of business
      due  to  extraordinary  circumstances,  as  may  be  determined  by  the
      superintendent  pursuant  to regulations, may the superintendent, in his
      or her discretion, determine that an application  may  be  approved  for
      relocation from a site within three-tenths of a mile of another licensee
      to  a  new  site which is closer to such existing licensee than the site
      from which permission to relocate is sought. Notwithstanding  any  other
      provision of this subdivision, a licensee may relocate from any location
      to  a  location  that  is  within  three-tenths  of  a mile from another
      licensee with  the  written  consent  of  the  other  licensee.  If  the
      superintendent  approves  such  application  he or she shall issue a new
      license in duplicate in accordance with the provisions of section  three
      hundred  sixty-nine  of  this  article, stating the new location of such
      licensee or, in the case of a mobile unit, the new area  in  which  such
      mobile unit may be operated.