(a)Within 60 days after an applicant submits a complete application for a license and pays the fees required by § 7–302 of this subtitle, the Board shall approve or deny the application.
(b)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)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
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(a) Within 60 days after an applicant submits a complete application for a license and pays the fees required by § 7–302 of this subtitle, the Board shall approve or deny the application.
(b) 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) 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) If an applicant does not meet the requirements of this subtitle, the Board shall:
(1) deny the application; and
(2) immediately notify the applicant of the denial.
(e) (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.