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Statutes Text

Article - Financial Institutions




§12–702.

    To qualify for supervision and examination, the applicant shall satisfy the Commissioner that the applicant:

        (1)    Is trustworthy and reputable;

        (2)    Has a good business reputation; and

        (3)    Has sufficient business experience, moral character, financial responsibility, and genuine fitness to:

            (i)    Command the confidence of the public; and

            (ii)    Warrant the belief that the business will be operated lawfully, honestly, fairly and efficiently.



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