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Indiana Code Title 26. Commercial Law § 26-3-7-7

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 7. (a) An applicant for a license under this chapter must show that the applicant:

(1) has the qualifications and background essential for the conduct of the business to be licensed;

(2) has not been found guilty of a crime involving illegal activities that involve money, assets, or financial tools for personal gain;  and

(3) does not employ an officer, director, partner, or manager that has been found guilty of a crime involving illegal activities that involve money, assets, or financial tools for personal gain.

(b) The agency may deny a license to an applicant that has been involved in improper business practices.

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Cite this article: FindLaw.com - Indiana Code Title 26. Commercial Law § 26-3-7-7 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-26-commercial-law/in-code-sect-26-3-7-7/

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