Section 7-303 - Approval or denial of application.
§ 7-303. Approval or denial of application.
(a) Time limit.- Within 60 days after an applicant submits an application for a license and pays the application fee, the Board shall approve or deny the application.
(b) Qualifications.- To qualify for a license, an applicant shall satisfy the Board that the applicant is of good moral character and has sufficient financial responsibility, business experience, and general fitness to:
(1) engage in business as a collection agency;
(2) warrant the belief that the business will be conducted lawfully, honestly, fairly, and efficiently; and
(3) command the confidence of the public.
(c) Denial of application.- The Board may deny an application for a license to any person who:
(1) has committed any act that would be a ground for reprimand, suspension, or revocation of a license under this subtitle; or
(2) otherwise fails to meet the requirements for licensure.
(d) Hearing.-
(1) The denial of an application under this section is subject to the hearing provisions of § 7-309 of this subtitle.
(2) An applicant who seeks a hearing on a license application denial shall file a written request for a hearing within 45 days following receipt of the notice to the applicant of the applicant's right to a hearing.
[An. Code 1957, art. 56, § 328; 1992, ch. 4, § 2; 1996, ch. 58; 2007, ch. 472.]