NY Gen Bus L § 41-A (2021)
2021 New York Laws GBS - General Business Article 5 - Collateral Loan Brokers 41-A - Continuing Education Requirement.

§  41-a. Continuing education requirement. 1. Every person licensed as   a collateral loan broker pursuant to this article  shall,  between  June   thirtieth,  two thousand seven and June twenty-ninth, two thousand nine,   and during every two year period  thereafter,  complete  not  less  than   twelve  hours of continuing education instruction offered in a course or   program approved by any mayor  or  licensing  authority  which  licenses   collateral  loan  brokers  pursuant  to this article. In cities having a   population of one million or more, the commissioner of consumer  affairs   shall,  on  or  before January thirty-first, two thousand seven, approve   not less than one twelve hour continuing education instruction course or   program for collateral loan brokers and not less  than  one  eight  hour   continuing  education  instruction  course  or  program  for managers of   collateral loan broker businesses, as required  by  subdivision  two  of   this  section.  Every  such  course  or  program shall be made available   through at least one distance  learning  methodology,  such  as  written   materials and questionnaires, internet courses or other electronic means   and  shall  also  be  made  available  through  seminars  or  workshops,   commencing on or before June thirtieth, two thousand seven. Every  mayor   and   licensing   authority   shall  consult  with  one  or  more  trade   associations representing collateral loan brokers prior to approving any   continuing education instruction course  or  program  pursuant  to  this   section.2.  Every  collateral  loan  broker  which  employs  more  than  three   employees,  shall  designate  one  individual  as  the  manager  of  the   collateral  loan  broker  business.  Upon  such designation the mayor or   licensing authority, which licenses the collateral loan broker, shall be   provided notice by such broker of the individual who has been designated   as manager of the business. Every individual designated as  the  manager   of  a collateral loan broker business shall, between June thirtieth, two   thousand seven and June twenty-ninth,  two  thousand  nine,  and  during   every  two year period thereafter, complete not less than eight hours of   continuing education instruction for such managers offered in  a  course   or  program  approved by any mayor or licensing authority which licenses   collateral loan brokers pursuant to this article.3. Each collateral loan broker shall  designate  a  manager  for  each   location  at  which  such broker conducts business and employs more than   three employees and every such manager shall comply with the  provisions   of subdivision two of this section.4. Each approved provider of continuing education instruction pursuant   to  this  section  and  each  collateral  loan broker shall maintain the   records of the provision or receipts of such instruction  for  not  less   than four years.5.  The failure to comply with the provisions of this section shall be   grounds for the suspension, revocation or refusal to issue  any  license   issued pursuant to this article.