75-15-13 - Investigation; granting of license. - Mississippi Statutes

§ 75-15-13. Investigation; granting of license.
 

Upon the filing of the application, the payment of the investigation fee and license fee, and the approval by the comptroller of the bond or securities delivered pursuant to Section 75-15-11 hereof, the comptroller shall investigate the financial responsibility, financial and business experience, character and general fitness of the applicant, and, if he deems it advisable, of its officers and directors, and if he finds that the applicant (and its officers and directors, if investigated) has the requisite qualifications to meet the requirements of this chapter and that its (or their) qualifications are such as to warrant the belief that the applicant's business will be conducted honestly, fairly, equitably, carefully and efficiently and in a manner commanding the confidence and trust of the community, he shall issue to the applicant a license to engage in the business of selling and issuing and delivering checks subject to the provisions of this chapter. 
 

Sources: Codes, 1942, § 5131-07; Laws,  1966, ch. 257, § 7, eff from and after July 1, 1966.