In the event the applicant demands a listening this new Administrator shall keep such hearing less than Part 101 of Label 31
In the event the applicant demands a listening this new Administrator shall keep such hearing less than Part 101 of Label 31 Abreast of the new submitting regarding a software having a licenses, when your Administrator will find that this new economic duty, feel, reputation and you may standard exercise of the applicant as well https://texasloanstar.net/cities/hallsville/ as the brand new players thereof (if your candidate become an excellent copartnership or association) and of the fresh officers and you will administrators thereof (if the applicant end up being a firm) is actually such as for example so you’re able to order the fresh rely on of neighborhood and so you can guarantee trust that the organization would be manage truly, quite and you will effortlessly in purpose of so it chapter, the fresh new Commissioner should thereupon procedure a licenses so you’re able to transact company in the conformity using this type of section. If your Administrator will not so discover, the latest Commissioner will perhaps not procedure such as for example license additionally the Commissioner will notify the latest candidate of one’s denial, bring see of grounds for refusal and you may notify the newest applicant of your own straight to request a paying attention. The fresh new Commissioner shall approve otherwise reject the application for licenses hereunder contained in this 3 months on the date the newest Administrator find that the application while the submitted on the Administrator is finished.
