(a) Each licensee, at all times, shall have a net worth of not less than $1,000, calculated
in accordance with generally accepted accounting principles.
(b) Each corporate applicant, at the time of filing an application, and at all times
after a license is issued, shall be in good standing in the state of its incorporation.
All non-corporate applicants, at the time of filing an application for a license under
this chapter, and at all times after a license is issued, shall be registered or qualified
to do business in the State.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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