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What is NYC AC § 20-506?

Quick Answer

This section outlines the conditions under which a license issued for towing may be revoked by the commissioner. It specifies that individuals whose licenses have been revoked cannot reapply for a new license for three years. This statute affects individuals and entities seeking to obtain a towing license in New York City.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 20-506 License revocation.

AC § 20-506

Notwithstanding any other provision of law, any person who holds a license issued pursuant to this subchapter which has been revoked by the commissioner pursuant to this subchapter shall not be permitted to apply for any new license under this subchapter for a period of three years from the date of such revocation. No license to engage in towing shall be issued pursuant to this subchapter to a corporation, partnership, or other association if an officer, principal, director, or stockholder owning more than ten percent of the outstanding stock of the corporation of the applicant is or has been an officer, principal, director, or stockholder owning more than ten percent of the outstanding stock of the corporation of a licensee that has had a license revoked pursuant to this subchapter and such revocation is in effect at the time of the license application. Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 1987/028.

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