SECTION 765:40-1-4. Applicant  


Latest version.
  • (a)   Information required. An applicant shall provide sufficient information on the application or otherwise to enable the Commission to determine whether the applicant should be granted a license. The information shall include:
    (1)   Information as set forth in the application form relating to the person or persons applying for the license,
    (2)   Information relating to the applicant's financial standing,
    (3)   Information relating to the applicant's business integrity, the applicant's experience in the same or similar businesses, and the applicant's business history,
    (4)   Whether the applicant or anyone acting for the applicant in the business has been convicted of a felony.
    (5)   Whether the applicant will be personally involved in the operation of the business or whether some other person shall be the primary participant in the business,
    (6)   Whether the applicant will devote full or part time to the business,
    (7)   Whether the applicant is able to properly conduct the business, and,
    (8)   Such other pertinent information consistent with the safeguarding of the public interest and welfare.
    (b)   Application required. Applications for license shall be verified by the oath or affirmation of the applicant and shall be on forms prescribed by the Commission and furnished to such applicants. The applications shall contain such information as the Commission deems necessary to enable it to fully determine the qualifications and eligibility of the applicant for the license.
[Source: Added at 32 Ok Reg 1431, eff 8-27-15]