§ 62-12 Requirements & Prohibitions – No Unlicensed Activity.
RCNY § 62-12
(a)Must Have Valid License. An individual or Business Entity must possess a valid Taxicab Broker's License in order to act as a Taxicab Broker or hold himself or herself out as a Taxicab Broker. 35 RCNY § 62-12(a) Fine: $1,500; after the third violation occurring within two years, $10,000Appearance REQUIRED (b) Must Display License. A Broker must conspicuously and continuously display a copy of his or her Broker's License in every place of business maintained by the Broker. 35 RCNY § 62-12(b)Fine: $100Appearance NOT REQUIRED (c) Must Not Display Invalid License. A Broker must not display a Taxicab Broker's License that is expired, suspended, or revoked and must surrender such a license immediately to the Commission. 35 RCNY § 62-12(c)Fine: $500 - $1,500Appearance REQUIRED (d) Must Renew Before Expiration. A Broker must submit an application for renewal of the License no later than the expiration date of the License unless the Commission grants an extension. 35 RCNY § 62-12(d)Fine: $25Appearance NOT REQUIRED (e) Must Not Employ Certain De-Licensed Persons. A Broker must not employ or use the services of any individual whose License as a Taxicab Broker has been revoked or is suspended or who was the chief executive officer of a partnership or corporation whose License has been revoked or is suspended without the prior written consent of the Commission. 35 RCNY § 62-12(e) Fine: $10,000 and/or suspension or revocationAppearance REQUIRED (f) Must Not Act on Behalf of De-Licensed Broker. A Broker must not act on behalf of any Broker whose License has been suspended or revoked without the prior written consent of the Commission. 35 RCNY § 62-12(f) Fine: $10,000 and/or suspension or revocationAppearance REQUIRED (Amended City Record 2/12/2020, eff. 3/13/2020)
