7-25-205. Issuance of license.
144 words·~1 min read·
/ut/title-7/chapter-25/7-25-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/14/2019
7-25-205. Issuance of license.
(1)Upon the filing of a complete application, the commissioner shall investigate the financial condition and responsibility, financial and business experience, character, and general fitness of the applicant. The commissioner may conduct an on-site investigation of the applicant, the reasonable cost of which is to be borne by the applicant in accordance with Subsection 7-1-401(6) .
(2)The commissioner shall issue a license to the applicant authorizing the applicant to engage in the licensed activities in this state if the commissioner finds that:
(a)the applicant's business will be conducted honestly, fairly, and in a manner commanding the confidence and trust of the community;
(b)the applicant has fulfilled the requirements imposed by this chapter; and
(c)the applicant has paid the required original license fee under Section 7-1-401 .
Amended by Chapter 136 , 2019 General Session