Home/DC Code/§ 26-308
§ 26-308Title 26

Granting of license; investigations.

Upon the filing of an application in proper form, including the required fee and accompanying documents, the Superintendent [Commissioner] shall issue to the applicant a license to engage in the cashing of checks in the District of Columbia, unless the Superintendent [Commissioner] finds that the requirements prescribed by subsection (b) of this section and §§ 26-304, 26-305, 26-306, and 26-307 have not been met. The financial responsibility, conditions, and business experience of the applicant or licensee must be such as to warrant the belief that the applicant’s business will be conducted honestly and carefully. The Superintendent [Commissioner] may investigate and consider the qualifications of the applicant or licensee (including the officers and directors of the applicant) in determining whether the requirement has been met.

Annotations

May 12, 1998, D.C. Law 12-111, § 9, 45 DCR 1782
1981 Ed., § 26-1108.
This section is referenced in § 26-316.
Source XML

Sourced from the DC Council Open Law Library (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.