Indiana Statutes
§ 26-3-7-7 — Applicant qualifications
Indiana·Title 26 COMMERCIAL LAW·Art. 3 WAREHOUSES·Ch. 7 Indiana Grain Buyers and Warehouse Licensing and
(a)An applicant for a license under this chapter
must show that the applicant:
(1)has the qualifications and background essential for the
conduct of the business to be licensed;
(2)has not been found guilty of a crime involving illegal activities
that involve money, assets, or financial tools for personal gain;
and
(3)does not employ an officer, director, partner, or manager that
has been found guilty of a crime involving illegal activities that
involve money, assets, or financial tools for personal gain.
(b)The agency may deny a license to an applicant that has been
involved in improper business practices.
Formerly: Acts 1973, P.L.268, SEC.1; Acts 1974, P.L.120,
SEC.5. As amended by Acts 1979, P.L.249, SEC.4; Acts 1982,
P.L.155, SEC.7; P.L.17-1985, SEC.21; P.L.191-1991, SEC.5;
P.L.24
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Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
Severability