31 märts In case your applicant needs a hearing the brand new Commissioner shall hold including reading less than Chapter 101 away from Name 31
Up on brand new submitting of a loan application having a license, in the event the Commissioner shall discover the fresh new financial obligation, feel, profile and you may general physical fitness of your own candidate as well as the fresh new players thereof (should your applicant become a good copartnership or relationship) and of the new officers and you will administrators thereof (if your applicant getting a firm) is for example in order to demand the fresh confidence of community and you will so you can warrant religion your providers is run truly, very and you will efficiently during the reason for this section, the fresh new Administrator should thereupon point a permit to interact company into the accordance using this chapter. Should your Commissioner should not come across, the newest Commissioner shall perhaps not situation such permit plus the Administrator will notify the fresh new applicant of denial, render find of your own reasons behind refusal and you will alert this new candidate of one's straight to request a hearing.