Sec. 29-161i. Qualifications of corporate stockholders.

      Sec. 29-161i. Qualifications of corporate stockholders. An application for a license of a corporation may be denied by the Commissioner of Public Safety, or suspended or revoked, if it appears that ten per cent or more of the stock of such corporation is held by a person who cannot meet the character standards required of an applicant.

      (P.A. 04-192, S. 24.)